Re: [QUAD-L] "Irrevocable"Supplemental Needs Trust Fund"

2012-04-09 Thread Greg
I had one for years before I got Medicare. Trying to protect money incase of medical bills. You just need to trust whoever is in control of it. I ended mine for 2 reasons. Trying to save money not doing an extra tax return, etc. Plus (At least where I lived) whoever’s name controlled the Trust ha

Re: [QUAD-L] "Irrevocable"Supplemental Needs Trust Fund"

2012-04-08 Thread RONALD L PRACHT
] "Irrevocable"Supplemental Needs Trust Fund"To: quad-list@eskimo.comDate: Sunday, April 8, 2012, 4:45 PM yes, I do have such a trust. One important thing, at least in my state, is that whatever you put into the trust can be accessed and counted by anyone including Medicaid for five years.

Re: [QUAD-L] "Irrevocable"Supplemental Needs Trust Fund"

2012-04-08 Thread drv
yes, I do have such a trust. One important thing, at least in my state, is that whatever you put into the trust can be accessed and counted by anyone including Medicaid for five years. For example, if you put in $5,000, Medicaid can count that as a resource for the f