A Miller trust, or qualified income trust (QIT), is a legal arrangement that allows individuals who don’t meet Medicaid’s income limits to qualify for coverage of long-term care under Medicaid. With a ...
A Miller trust is a legal arrangement that allows individuals who do not meet Medicaid’s income limits for long-term care to set aside some or all of their income as a condition of qualifying for the ...
As we age, many of us will need some form of long-term care, whether at home or in a facility. With nursing home costs averaging over $90,000 per year, long-term care expenses can add up quickly.
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