What Is A Qualified Income Trust (QIT) For Medicaid? - Your Civil Rights Guide скачать в хорошем качестве

What Is A Qualified Income Trust (QIT) For Medicaid? - Your Civil Rights Guide

What Is A Qualified Income Trust (QIT) For Medicaid? Have you ever wondered what a Qualified Income Trust (QIT) is and how it can help you qualify for Medicaid? In this informative video, we'll explain everything you need to know about QITs, also known as Miller Trusts. We'll start by defining what a Qualified Income Trust is and how it functions to assist individuals with slightly higher incomes in accessing Medicaid benefits for long-term care. We'll discuss the legal requirements for setting up a QIT and how the excess income is managed within the trust to meet Medicaid eligibility criteria. You'll learn about the role of a trustee, the types of expenses the funds can cover, and what happens to the remaining money after passing away. Additionally, we'll explore the civil rights perspective, highlighting how QITs help prevent unfair denial of care for those with incomes just above Medicaid limits, while also raising important questions about property rights and estate recovery. Whether you're planning for future care or seeking to understand your legal options, this video provides clear and practical information about Qualified Income Trusts. Join us for this essential overview, and subscribe to our channel for more insights on civil rights law and Medicaid planning. ⬇️ Subscribe to our channel for more valuable insights. 🔗Subscribe: https://www.youtube.com/@YourCivilRig... #Medicaid #QualifiedIncomeTrust #MillerTrust #LongTermCare #MedicaidPlanning #LegalAid #ElderLaw #CivilRights #EstateRecovery #HealthcareLaw #MedicaidEligibility #TrustFund #LegalAdvice #ElderCare #LegalResources About Us: Welcome to Your Civil Rights Guide! Our channel is dedicated to helping you navigate essential topics in elder law and estate planning. We cover everything from wills and trusts to the probate process, Medicaid planning, long-term care legal issues, guardianship and conservatorship, inheritance laws, and estate tax planning. Our goal is to provide you with the knowledge and tools you need to make informed decisions for yourself and your loved ones.