Law Office of Steven M Berger, LLC
lauren.png

Blog

News & Updates

FAQ Friday: Medicaid Asset Protection Planning

 

On Friday, September 15th Attorney Steven Berger discusses asset protection trusts for medicaid planning.

A single person or a married couple can make this irrevocable trust. The trustee controls the trust. The grantor (creator of trust) and trustee should be different people.

The advantages are to give you medicaid protection and will still be included in your estate if done properly.

You could expect to pay about $5000 to pay for this trust which includes a deed and funding.

Our resident expert on this subject is Paula Mattson Sarli.


Submit your question

Bring your questions about estate planning and administration to our weekly Facebook Live with Mr. Berger on Fridays at 11am EST. Leave your email if you’d like to receive a notification of our response.

 
Arianna Walker