§1An Aging Reality
The subject of this material deals with an area of concern among a growing sector in our society. The question concerns how aging Americans may qualify for benefits under the Medicaid program in the face of long-term care costs that can erase a lifetime of savings within a few years.
§2Qualifying Structures
Irrevocable Medicaid asset-protection trusts, properly drafted and funded outside the five-year look-back window, can preserve principal for the next generation while permitting the settlor to receive needed long-term care benefits.
The material above is provided for informational and educational purposes only and does not constitute legal, tax, or investment advice. Engagements with RM Legacy Group are conducted under confidential terms in coordination with the family's counsel and fiduciaries.