What are the income, estate, and gift tax consequences of an asset protection trust made for Medicaid planning purposes?

Video Transcription:

That’s a good question, and there’s not an easy answer to that. The point is, some ideas and techniques that work well for plain, simple estate planning, don’t work well for Medicaid planning. And so, it takes an experienced planner to be able to find the right plan, that’s gonna give you the best estate planning result, and the best Medicaid planning result.