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Living Trust and Medicaid: What To Know - Davies Law Firm
From Davies Law Firm - Living Trust and Medicaid: What To Know explores how living trusts affect Medicaid eligibility in New York and why the difference between a revocable trust and an irrevocable trust can determine whether your home, savings, and other assets remain available for your family. This episode explains why Medicaid treats assets in a revocable living trust as countable, how a properly drafted irrevocable trust may help preserve assets, and why New York’s five-year look-back period is central to long-term care planning.
The discussion breaks down important Medicaid planning…
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