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2. How Can I Shield My Assets from Assisted Living Expenses? - AOL

   www.aol.com/revocable-trust-protect-assets...

   A revocable trust doesn’t protect assets from a nursing home because it gives the grantor ownership of the assets. Instead, an irrevocable trust (specifically in the form of a MAPT) can protect ...

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

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

   In this way, an irrevocable trust can protect assets from nursing home costs. Keep in mind that some people say it’s unethical to use trusts to shield your assets from Medicaid. Others believe ...

4. Can a Nursing Home Take Our Savings? We Have a $500k in a ...

   www.aol.com/nursing-home-assets-500k-ira...

   The post Can a Nursing Home Take Our Assets? We Have a $500k IRA and a Trust to Protect Us appeared first on SmartReads by SmartAsset. What if your money is in a trust or a Roth IRA?

5. Ask an Advisor: Will Our $100K IRA Be Safe from a Nursing ...

   www.aol.com/finance/ask-advisor-nursing-home-ira...

   My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to ...

6. Medical Costs in Retirement: Can a Nursing Home Take Our ...

   www.aol.com/finance/nursing-home-savings-250k...

   This converts the IRA into non-countable income while preserving the trust assets. Medicaid would not count the $250,000 IRA toward eligibility. ... Other Ways to Protect Assets or Pay for Nursing ...

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

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

   Specifically, you'll want to look at a Medicaid Asset Protection Trust. As the name implies, it's an irrevocable trust designed to exclude assets from being counted toward Medicaid eligibility.