Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I Preserve Assets In A Living Trust and Still Qualify For Medicaid?

April 26, 2017assets Living trust medicaid preserve qualify

0

Posted

Can I Preserve Assets In A Living Trust and Still Qualify For Medicaid?

1 Answer

0

Posted

No. The assets in a “living trust” are “countable resources” for purposes of Medicaid qualification. The assets in the “living trust” are treated just the same as if they were owned by the grantor.