Misterskyline
Junior Member
What is the name of your state (only U.S. law)? NY
I heard of someone who went to a lawyer and was told two things..
1) They can put their monthly pension into a trust, and be able to receive medicaid at the same time.
2) They can put their co-op apartment into a trust, and if they get sick with hefty medical bills, not be worried about their property being ceased.
Any truth to any of this? Is this even what trusts are used for? Sounds a little shady to me. The lawyer also wants $4k for all of this to be possible. Supposedly this is a pretty well known lawyer.
Please let me know ASAP! Thanks!
I heard of someone who went to a lawyer and was told two things..
1) They can put their monthly pension into a trust, and be able to receive medicaid at the same time.
2) They can put their co-op apartment into a trust, and if they get sick with hefty medical bills, not be worried about their property being ceased.
Any truth to any of this? Is this even what trusts are used for? Sounds a little shady to me. The lawyer also wants $4k for all of this to be possible. Supposedly this is a pretty well known lawyer.
Please let me know ASAP! Thanks!