does having a trust protect your money to get medicad
IF you have a REVOCABLE trust and you need to go to a nursing home in the state of Florida... will the govt say because they will view it as real money, not protected and you will have to spend it all before you can get Medicad to pay for the nursing home? WOuld it be protected if you had a IRREVOCABLE Trust?
Asked on 8/28/09, 4:26 pm
1 Answer from Attorneys
Richard Stoffels
Stoffels Law Group
medicaid is a complicated issue, not one that can be answered in a sentence. If you have assets to protect, isn't it worth meeting with a qualified attorney and paying the small price that costs to be sure you are protected? You get what you pay for.
Answered on 8/28/09, 10:42 pm
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