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Can Revocable Trusts Protect Assets from Medicaid?

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Can Revocable Trusts Protect Assets from Medicaid?

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A Revocable Trust does not protect assets from Medicaid and the nursing home. The Trust assets are considered available for the purpose of determining Medicaid eligibility. Creditors such as a nursing home can also make a claim against the Trust assets. Only a properly drafted Irrevocable Trust will protect the assets from Medicaid and the nursing home.

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