Are you concerned about the rising cost of long-term care? Are you worried about not being able to leave your spouse or kids the assets that you’ve worked so hard to save? If so, then I'm going ...

Irrevocable trusts, like Medicaid asset protection trusts (MAPTs), on the other hand, remove assets from an owner’s control, rendering them eligible to meet Medicaid requirements. When you ...

A trust that protects you from estate taxes is usually not Medicaid-compliant, and was most likely not set up with a permissible trustee to allow the creditor protection an asset protection trust ...

In New York, there has been a strong shift to trusts in recent years due to the drawbacks stated above. A trust, like a will, ...

Although relatively new to the legal world compared to other forms of legal entities, Limited Liability Companies (LLC) have ...

I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through ... about “protecting” assets from LTC costs, they often have Medicaid in mind.