Irrevocable trusts can facilitate eligibility for Medicaid coverage, and this is an important thing to think about, because most people will need living assistance. Medicare does not pay for long-term care, so you cannot look in that direction for support. Death taxes can take a heavy toll on your legacy if you are exposed, but fortunately, there are irrevocable trusts that can be used to provide estate tax efficiency.
Topics covered in this report include:
- The Power of Revocation
- Medicaid Planning
- Estate Tax Efficiency
- Spendthrift Asset Protection