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State of Wisconsin, Hereinafter Referred to as the Trustor, Whether One or More, Form

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State of Wisconsin, Hereinafter Referred to as the Trustor, Whether One or More, Form

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Today's question has to do with Medicaid planning in the state of Wisconsin and if and an older revocable living trust on August 1st 2014 the Wisconsin Department of Health Services made changes to the Estate Recovery Program prior to August 1st 2014 the Estate Recovery Program was not seeking to recover against assets held by a revocable living trust however after August 1st 2014 any new revocable living trust created after that date the State Department of Health Services will seek to recover from revocable living trusts for any money paid for someone on the Medicaid program what this means is if you have a revocable living trust that predates August 1st 2014 please do not revoke the trust if you're thinking about making changes I recommend you talk to a qualified estate planning attorney first and consider amending or restating the trust because there may be some benefit to retaining this trust that predates August 1st 2014 if you need to plan for the possibility tha

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