Medi-Cal Asset Protection Trusts (With Diagram) скачать в хорошем качестве

Medi-Cal Asset Protection Trusts (With Diagram)

Are you concerned about protecting your home and savings from long-term care costs in California? In this video, California estate planning attorney Ryan Casson explains how a Medi-Cal Asset Protection Trust (MAPT) can help California families preserve wealth while planning for future nursing home or long-term care expenses. A properly structured Medi-Cal Asset Protection Trust in California can allow you to transfer assets out of your name so they are not counted for Medi-Cal long-term care eligibility—once the current Medi-Cal lookback period expires (a 30-month transfer lookback window, as of the date of this video). When designed and funded correctly, a MAPT may help maximize eligibility for Medi-Cal benefits while protecting your home and other assets for your spouse, children, or other beneficiaries. However, timing and proper funding are critical. A MAPT must be carefully drafted and fully funded, and asset transfers should only be made with the guidance of an experienced California estate planning attorney or elder law attorney. Mistakes can trigger penalties, delay eligibility, or undermine your asset protection strategy. In this video, I cover: • What a Medi-Cal Asset Protection Trust is • Basic options under a Medi-Cal Asset Protection Trust • Unmarried trustmakers • Why professional legal guidance is essential If you're planning ahead for long-term care, nursing home costs, or Medi-Cal eligibility in California, this overview will help you understand whether a MAPT strategy may be right for your family. For personalized guidance, consult a qualified California estate planning or elder law attorney to ensure your plan complies with current Medi-Cal rules and protects what matters most. See the Law Office of Ryan J. Casson website at www.CassonEstateLaw.com for Ryan Casson's estate planning and tax practice areas.