Government Benefits

Can I lose my Medicaid benefits if I create a trust?

Creating certain types of trusts can affect Medicaid eligibility, but special needs trusts are specifically designed to preserve benefits. These trusts allow assets to be held for your benefit without counting toward Medicaid's asset limits. The timing matters too - assets transferred to most other trust types may trigger a look-back period that could delay Medicaid coverage. Understanding which trust structures work with government benefits helps you plan without jeopardizing essential coverage.