Picture this: you’ve just left your estate planning attorney’s office with a beautifully bound document—your new revocable living trust. You feel accomplished, knowing you’ve taken a major step to protect your family’s future and avoid probate. ...
How Life Insurance Can Protect Your Assets While Qualifying for Medicaid
Does Medicaid Count Life Insurance as an Asset? Medicaid guidelines treat life insurance differently depending on the type of policy and its value. According to the Medicaid Policy Manual, the cash value of a life insurance policy is considered a coun ...