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Can an irrevocable trust be used to protect assets when applying for Medicaid?

Estate Planning

Can an irrevocable trust be used to protect assets when applying for Medicaid?

Many Americans are embracing Medicaid due to the expensive nature of nursing care homes in the United States. In NYC, the monthly average nursing care

Morgan Legal Group June 4, 2021

Irrevocable Trust Long Island

Estate Planning

Irrevocable Trust Long Island

Before discussing irrevocable trust Long Island, let us first understand what a trust is. What is a trust? A trust is a legal entity or

Morgan Legal NY March 29, 2021

Revocable Trusts and Irrevocable Trusts

Estate Planning

Revocable Trusts and Irrevocable Trusts

What is a Trust? A trust is like a legal vehicle created by a grantor who places the assets in the trust in the care

Morgan Legal NY February 13, 2021

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