The Value of Irrevocable Trusts in Virginia Medicaid Planning (Part II)

People often wonder about the value of using irrevocable trusts in Medicaid planning. Certainly gifting of assets can be done outright, not involving an irrevocable trust.  This is the second of three blogs (yesterday, today, and Monday) on this important topic.  I hope you find it helpful.  Ability to Select Whether Trust Income is Taxable …

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