How are they different? Can you just do a POD?
What about a hybrid: a keeping the account in one's name but with a POD to a Trust (not a person)?
Will Medicaid Asset Recovery be able to touch a POD account or will the beneficiary immediately own that account and not have to use those funds to pay for long term care?
Should a POD account have a trust as a beneficiary?
What about a hybrid: a keeping the account in one's name but with a POD to a Trust (not a person)?
Will Medicaid Asset Recovery be able to touch a POD account or will the beneficiary immediately own that account and not have to use those funds to pay for long term care?
Should a POD account have a trust as a beneficiary?