Does having your money and assets in a trust, protect your assets from the government when applying for Medicaid?

Medicaid is managed by each state under an overall federal guideline. So each state can determine how trusts are viewed legally and whether they are in compliance for your state's Medicaid rules. Like some states allow for property placed in an enhanced benefit trust (aka a Lady Bird Deed) to be exempt, while in other states not so. You need to speak with an elder law attorney in your state.