Medicaid Asset Protection Trusts When you create an irrevocable trust, you transfer ownership of your assets to a trustee, ...
There are also other types of revocable trusts that are designed to reduce estate taxes for wealthy grantors, protect land from lawsuits, and facilitate the Medicaid spend-down strategy.
Senate Bill 88, which has earned bipartisan support from top Senate Democrats and Republicans, would over several years build up a $2 billion pot of money known as the Medicaid Trust Fund to then ...
Explore the essentials of Henson Trusts Shield Wealth and how they protect assets while retaining government assistance eligibility.
Supplemental Needs Trusts (SNTs) A supplemental needs trust ... the individual’s death may be used to reimburse the state Medicaid agency for services provided. There is an annual limit to ...
Need a break? Play the USA TODAY Daily Crossword Puzzle. The proposed cuts to Medicaid challenge these values and erode the trust that people with developmental disabilities and their families ...
Mar. 5—SANTA FE — With New Mexico staring at the possibility of a dip in federal funds, state lawmakers are advancing a bill creating a new trust fund to help pay for Medicaid programs in ...
By Margot Sanger-Katz I cover health care. Republican leaders in Congress have directed the committee that oversees Medicaid to cut $880 billion from the next budget. They say these cuts aren’t ...