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Medicaid Qualifying Income Trust Medicaid Forms

Medicaid Qualifying Income Trust Medicaid Forms

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today we're going to talk about how to qualify for medicaid even if you're rich before you do that i'm christopher small i'm a state planning attorney probate attorney although you know i'm a lawyer and uh we just stayed planning a lot so here's how you can qualify for medicaid even if you're rich it's kind of um something called a medicaid asset protection trust what this trust is is an irrevocable trust which means once you make it it's really really really hard to change and then you will gift your assets into that trust okay you will move them over uh once you do this after five years then they will not be counted as part of your assets when it comes to qualifying for medicaid that's how you keep your assets qualify for medicaid even if you're rich okay there'll be more details after this that's the really the gist of it i only have a minute like follow comment if you have more questions talk to you soon

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