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Qualified Income Miller Trust  Form

Qualified Income Miller Trust Form

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Instructions and help about Qualified Income Miller Trust

today's question what are some common misconceptions with regard to Miller trusts [Music] this is a Florida Medicaid planning topic that we have to discuss with a lot of our clients who are looking for help paying for long-term care and there are a lot of misconceptions when it comes to what is a Miller trust what do Miller trust do when are they useful when are they supposed to be used Miller trust you should know are also known as qualified income trusts they're also known as income only trusts so these are different terms that mean the exact same thing perhaps the most common misconception as I get from potential clients or people who are doing some research as to you know kind of Florida Medicaid planning is they think of qualified income trusts or Miller trust as this Panacea this cure-all they say let's just take all our money we'll just put it all into a mail of trust let's just put it all into to to in into an income trust and then we&

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