Understanding Medicaid Asset Protection Trusts | A Clarkson, Michigan Elder Law Attorney Explains

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www.bwagnerlawfirm.com Wagner Law 7300 Dixie Hwy. Suite 800 Clarkson, MI 48346 United States (248) 800-2548 United States A Medicaid asset protection trust is an irrevocable trust that shields assets from Medicaid calculations. Assets placed in the trust are not countable for Medicaid eligibility, preserving them for beneficiaries. These trusts must be set up at least five years before applying for Medicaid due to the lookback rule. Proper structuring ensures assets remain protected while allowing you to qualify for Medicaid. For More Information About Medicaid Planning, Please Visit: en.wikipedia.org/wiki/Medicaid Related Videos: https://vimeo.com/speakeasymarketing/review/1067235875/4d659f5da4 https://vimeo.com/speakeasymarketing/review/1067235881/f0030bb9be https://vimeo.com/speakeasymarketing/review/1067235888/403e7ed459 https://vimeo.com/speakeasymarketing/review/1067235903/51f30f1403 https://vimeo.com/speakeasymarketing/review/1067235920/40f56445e3