Find Senior Care (City or Zip)
Join Now Log In
O
Oldman Asked February 2012

Does a revocable trust protective the assets from a 5 year look back?

EXPERT Carol Bradley Bursack, CDSGF Feb 2012
Probably not, but there may be some trusts, in some states, where it does. You'll need to have an expert in trusts and Medicaid examine the type of trust and the laws of the state where you live.
Take care,
Carol

GrandpaHiker Feb 2012
My mother lives in Virginia. The elder care attorney that I used said the trust has to be irrevocable.

ADVERTISEMENT


ADVERTISEMENT

Ask a Question

Subscribe to
Our Newsletter