Medicaid is a state-federal partnership that provides medical benefit assistance to certain needy people, especially those over 65 years of age. It is known as Medi-Cal in California. However, you need to meet financial requirements such as asset limits to qualify. Assets in an irrevocable trust not for your benefit typically don’t count as available. Read the following blog by my friend and colleague Steve Hartnett, an estate planning expert, to learn more.
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- Why ‘I’m Too Young for Estate Planning’ is a Fallacy - November 30, 2023
- No, Writing Your Will on a Napkin Isn’t Enough - November 28, 2023