Are my assets safe in a Revocable Living Trust from Medicaid?

Are my assets safe in a Revocable Living Trust from Medicaid?

No. General rule of law holds that whatever you can access, others may access as well.  Assets in a Revocable Living Trust are open and available to you; therefore, they are also open and available to Medicaid. What would make your assets safe is an Irrevocable Trust.  The Irrevocable Trust allows you to protect your assets from Medicaid.  For details on this and other Medicaid Planning Issues, contact us today.

Learn more about estate planning options available from the Elder Law Center of Wisconsin.

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