Can a trust protect my parent's house from Medicaid recovery? | NC

About this video

Q: Can a trust protect my parent's house from Medicaid estate recovery? A: Sometimes — but not every trust will. A revocable living trust usually does not protect the house, because the parent still keeps control of it. An irrevocable trust may help, but only if it is set up correctly and the house is transferred early enough. Timing matters because a transfer for less than fair market value can…