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Financial Planning
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Questions
L
learningaswego
Asked June 2018
Help! Monthly SS benefits are barely over the limit to qualify for Medicaid for assisted living/ memory care. Any thoughts?
Financial Planning
Government Benefits
Medicaid
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B
BarbBrooklyn
Jun 2018
Google "Miller Trust" and the name of your state. See if they are allowed.
In many states, you can create a Miller or Pooled income trust to divert your excess INCOME into a trust that reverts to the state.
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1 Answer
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In many states, you can create a Miller or Pooled income trust to divert your excess INCOME into a trust that reverts to the state.