We receive a lot of questions related to Medicaid and irrevocable trusts. Families usually reach us in order to receive guidance when their loved ones receive an unpleasant diagnosis, or they get admitted into an old age home. Under such circumstances, people start gaining knowledge and understanding about estate planning processes in order to protect and preserve their hard-earned money.
One solution to doing so is by creating a Medicaid trust. If you don’t manage your Medicaid trust effectively, you might end up invalidating it.
Therefore, here is everything you need to know about having a Medicaid trust in Queens: