Can revocable trusts protect assets from Medicaid claims?

No.  A revocable trust will not protect assets from Medicaid and nursing home claims. The trust assets are considered “available” for purposes of determining Medicaid eligibility. Creditors, such as a nursing home, can also make a claim against the Trust assets. Only a properly drafted “irrevocable trust” may protect the assets from Medicaid and nursing home claims.

Posted in: Estate Planning and Elder Law