Do I Need To Establish A Qualified Income Trust To Be Eligible For Medicaid?

We are often asked by clients if they need to establish a Qualified Income Trust to be eligible for Medicaid so they can cover the high costs of long-term nursing home care. Our answer is that if their gross monthly income exceeds the current limit of $2,205, a Qualified Income Trust (also called a Miller Trust or a D(4)(b) trust) must be established in order to qualify for Medicaid benefits.

With offices in Orange Park, Jacksonville, and St. Augustine, our Elder Law Attorneys help clients in North Florida establish Qualified Income Trusts to be within Medicaid ICP program income limits.