Irrevocable trusts, like Medicaid asset protection trusts (MAPTs), on the other hand, remove assets from an owner’s control, ...

Are you concerned about the rising cost of long-term care? Are you worried about not being able to leave your spouse or kids the assets that you’ve worked so hard to save? If so, then I'm going ...

A trust that protects you from estate taxes is usually not Medicaid-compliant, and was most likely not set up with a permissible trustee to allow the creditor protection an asset protection trust ...

but you have to create the right kind of trust. An irrevocable Medicaid asset protection trust, for instance, would protect your IRA. However, you’d have to transfer the assets into the trust at ...

Concerned about Medicaid impacting your spouse's assets? Discover key strategies for protecting your home and finances.