866-Friday Q&A: Target Date Fund Debacle, Making Summer Productive, Medicaid Trust, Etc.
Radical Personal Finance
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Is Your Mam Considering Getting Into a Trust?
My mam is considering whether her assets into a trust could be helpful because of her advancing age and declining health. The specific benefits that you're hoping to get from a ust for her is that if she needed ongoing long term care, then she could potentially qualify for medicat long term care benefits without necessarily having to spend down all o her assets. She's really trying to protect that one particular a, a continency of a meeting to get assistance with onten care a jut didn't quit.
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