Qualified Income Trusts (QITs), also known as Miller Trusts, are specialized legal arrangements designed to help individuals qualify for Medicaid when their income exceeds the eligibility limits. These trusts are particularly relevant for those who require long-term care services, such as nursing home care, but have income levels that disqualify them from receiving Medicaid benefits. This article delves into the intricacies of QITs, their purpose, and how they function.

Whether due to lack of information, misunderstanding of eligibility criteria, or other factors, errors in the Medicaid application process can have significant consequences, including delays in coverage or even denial of benefits. However, for those who have made mistakes in their Medicaid application, it’s essential to understand that it’s not too late to seek assistance from a Medicaid attorney.

As individuals age, planning for long-term care becomes increasingly important, especially for those who may rely on Medicaid assistance. However, one aspect that often catches people off guard is Medicaid estate recovery. In Ohio, individuals aged 55 and older or those receiving long term care in a nursing home or at home need to understand how this process works to make informed decisions about their healthcare and financial future. Let’s delve into the specifics of Ohio Medicaid estate recovery for this demographic.

Revocable trusts have long been regarded as a versatile and powerful tool in estate planning, providing individuals with the flexibility to manage their assets during their lifetime and ensuring a smoother transition of wealth upon their passing. However, when it comes to Medicaid planning, relying solely on a revocable trust can present significant challenges. In this article, we explore the reasons why revocable trusts may not offer the desired protection when it comes to meeting Medicaid eligibility criteria.