It is very common for many seniors who are disabled to be receiving disability payments from the Social Security Administration as well as Medicaid or Medicare benefits. In this case, when these individuals receive any inheritance from any family member, or if they receive any type of income stream from an insurance settlement, the financial gain may cause some serious problems regarding Medicaid eligibility. Many of these seniors will begin to receive a lower amount each month from their Social Security benefits. Let's look at some trusts in Medicaid planning.
What is a self-settled trust?
Let's look some some trusts that qualify for Medicaid's exclusion of countable assets:
What is a Supplemental Needs Trust in Medicaid?
What is a Pooled Trust in Medicaid planning?
Read more information on Medicaid:
- Medicaid Sitemap
- Medicaid Rules Purchasing Annuities
- Medicaid Transfer Assets
- Medicaid Gifting Rules
- Medicaid Joint Accounts
- Hide Assets from Medicaid
- Hide Assets from Medicaid
- Medicaid Home Equity
- Medicaid Laws
- Medicaid Annuity
- Medicaid Income First Rule
- Medicaid Long Term Care Insurance
- Medicaid Look Back Period
- Medicaid Life Estate
- Medicaid Loan
- Medicaid Deficit Reduction Act
- Medicaid Case Study