I'm not licensed to practice law, so I would recommend a consultation with a licensed attorney specializing in Medicaid and estate planning to get answers on your unique circumstances. However, it's my understanding that a revocable living trust does not protect your assets from creditors. All states have a Medicaid Recovery Program and the answer to your question depends on your family's specific situation. If you need help finding an attorney, there are websites like www.findlaw.com that offer online directories of attorneys by location and practice area. This is in no way an endorsement of www.findlaw.com. Please let us know if you have any other questions! We're here to serve. 407-210-3888 ~ Paul
Love it guys. Very informative.
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Does a trust protect a home from medical debt or Medicaid recapture?
I'm not licensed to practice law, so I would recommend a consultation with a licensed attorney specializing in Medicaid and estate planning to get answers on your unique circumstances. However, it's my understanding that a revocable living trust does not protect your assets from creditors. All states have a Medicaid Recovery Program and the answer to your question depends on your family's specific situation. If you need help finding an attorney, there are websites like www.findlaw.com that offer online directories of attorneys by location and practice area. This is in no way an endorsement of www.findlaw.com.
Please let us know if you have any other questions! We're here to serve. 407-210-3888
~ Paul
Thank you @@AllGenFinancial