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  2. My 74-year-old husband will likely go into a nursing home ...

    www.aol.com/finance/74-old-husband-likely...

    As the name implies, it's an irrevocable trust designed to exclude assets from being counted toward Medicaid eligibility. If a trust of this nature is established, and assets are transferred into ...

  3. Will My Home Be Safe From Medicaid in a Trust? - AOL

    www.aol.com/finance/does-putting-home-trust...

    While revocable trusts offer flexibility as they can be changed or revoked by the trustor, they won’t protect assets from Medicaid. Irrevocable trusts, like Medicaid asset protection trusts ...

  4. Can an Irrevocable Trust Help You Protect Your Wealth from ...

    www.aol.com/guard-assets-nursing-homes-using...

    An irrevocable Medicaid trust is designed to help someone qualify for Medicaid without having to deplete their own assets. After creating the trust, they can transfer in enough assets to bring ...

  5. Asset-protection trust - Wikipedia

    en.wikipedia.org/wiki/Asset-protection_trust

    In trust law, an asset-protection trust is any form of trust which provides for funds to be held on a discretionary basis. Such trusts are set up in an attempt to avoid or mitigate the effects of taxation, divorce and bankruptcy on the beneficiary. Such trusts are therefore frequently proscribed or limited in their effects by governments and ...

  6. Supplemental needs trust - Wikipedia

    en.wikipedia.org/wiki/Supplemental_needs_trust

    Supplemental needs trust is a US-specific term for a type of special needs trust (an internationally recognized term). [1] Supplemental needs trusts are compliant with provisions of US state and federal law and are designed to provide benefits to, and protect the assets of, individuals with physical, psychiatric, or intellectual disabilities, and still allow such persons to be qualified for ...

  7. How To Protect Your Assets From Medicaid - AOL

    www.aol.com/protect-assets-medicaid-140014737.html

    Medicaid asset protection trust. By setting up an irrevocable trust and transferring into it any assets in excess of the Medicaid financial limits, you can effectively shield those assets from the ...

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