Protect assets while maintaining Medicaid eligibility

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- Medicaid is a government healthcare program with strict eligibility criteria regarding assets. 

- A Medicaid Asset Protection Trust (MAPT) is an irrevocable trust that protects assets while maintaining Medicaid eligibility.

 - Assets are transferred into the trust, removing them from consideration as countable resources. 

- A MAPT is typically established with the guidance of an attorney experienced in elder law and Medicaid planning. 

- The trust is managed by a trustee, who acts in the best interests of the beneficiaries. - The irrevocable nature of the trust ensures that assets are not counted for Medicaid eligibility. 

- The primary benefits of a MAPT include asset protection, Medicaid eligibility, estate planning, and long-term care planning.

Now for all the paying members here are some more details below!