How do our Medicaid Asset Protection Trusts work?
Put simply, when the government determines whether to assist you financially there are exempt and non-exempt assets. Our trusts are structured so that the assets you place in them are considered exempt from the government’s calculations, but you still retain control of the assets and may live off their income.
The legal name is an Irrevocable Income Only Trust (IIOT). Don’t let the name scare you. You may change the beneficiaries at anytime and retain full-control over the assets during your lifetime, including the ability to live off the income they produce. Our trusts begin at $1495, which is significantly less than our competitors. We have helped hundreds of clients just like you across the U.S.