Blog: qualified income trust
Is There a Difference between a Qualified Income Trust and a Special Needs Trust?
Santa, Is There a Difference Between a Qualified Income Trust and a Special Needs Trust? Yes, Virginia, there is a difference and you need to consult a qualified elder law attorney to know which document you need based on your personal circumstances. A ‘Qualified Income Trust‘ is required if you are applying for Medicaid assistance…
VA Pension Should Not Impede Medicaid Eligibility
Veteran’s Aid & Attendance Income Should Not Impede Medicaid Eligibility If you, your spouse or your parent have recently qualified for a VA Improved Pension (VAIP) read about pension benefits and are also applying for or receiving Medicaid assistance you need to know your rights. A portion of the benefit may represent Aid & Attendance (A&A)…
