For those who don't qualify for long-term care insurance or can't afford it, the Medicaid Asset Protection Trust ("MAPT") can protect your assets from the high cost of long-term care in your home or ...

What Is an Asset Protection Trust? An asset protection trust is an irrevocable trust used to protect your assets from creditors, unjust lawsuits, and court decisions. Typically, they are funded with ...

As a financial advisor, you will have clients who are doctors, lawyers, accountants, or real estate agents. There are the top four professions that attract lawsuits when they make costly mistakes. If ...

Read on to learn about the different types of asset protection trusts and how to set one up. What Is an Asset Protection Trust (APT)? An asset protection trust protects your assets from creditors and ...

Planning for long-term care is a crucial but often overlooked part of estate planning. Determining who will care for you and how that care will be paid for can be an uncomfortable conversation, yet it ...

Regardless of recent challenges by local Department of Social Services offices, the Medicaid Asset Protection Trust (“MAPT”) is alive and well in the elder law practitioner’s toolbox and is the best ...

It is very important that when the trust is created, assets are transferred into the name of the trust. The transfers made into the trust are subject to a 60-month look-back period for Medicaid ...

COLUMBIA, S.C. (WIS) - This week on Legally Speaking with LawyerLisa, attorney Lisa Hostetler Brown breaks down Medicaid planning and irrevocable trusts. Long-term care can cost over $11,000 a month, ...

When you think about setting up a trust, the first thing that comes to mind is a plan for how wealth will be passed down after you die. But there is also an asset protection trust, which protects your ...