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Qualified Income Trust

Qualified Income Trust - Featured image

A Qualified Income Trust, also called a Miller Trust, is an irrevocable trust designed to help people qualify for Medicaid long-term care by legally...

The Miller Trust Explained

The Miller Trust Explained - Featured image

A Miller Trust, formally known as a Qualified Income Trust (QIT), is an irrevocable legal trust created specifically to help individuals with high income...

Medicaid Income Limits

Medicaid Income Limits - Featured image

Medicaid income limits are the maximum income thresholds that determine whether you qualify for Medicaid coverage.

Spousal Impoverishment Rules

Spousal Impoverishment Rules - Featured image

Spousal Impoverishment Rules are federal regulations designed to prevent the spouse of a nursing home resident from losing everything to pay for long-term...

The Medicaid Compliant Annuity

The Medicaid Compliant Annuity - Featured image

A Medicaid Compliant Annuity (MCA) is an immediate annuity structured to meet precise Medicaid regulations, allowing individuals to convert countable...

Lady Bird Deed States

Lady Bird Deed States - Featured image

A Lady Bird Deed is a type of enhanced life estate deed that allows a property owner to retain full control and use of their property during their...

Life Estate Explained

Life Estate Explained - Featured image

A life estate grants an individual the right to use, occupy, and benefit from property during their lifetime, with ownership automatically passing to a...

Transferring the House

Transferring the House - Featured image

Transferring your house during retirement involves moving ownership of your primary residence to heirs, a trust, a family member, or selling it outright.

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