Qualified Income Trust Lawyers in San Antonio, TX

The Qualified Income Trust Lawyers San Antonio, TX Prefers

Navigating the complexities of Medicaid eligibility can be challenging. The Law Offices of Carol Bertsch, PC specializes in qualified income trust services, designed to help you qualify for Medicaid by properly managing your income through a qualified income trust. Our experienced attorneys provide knowledgeable, compassionate guidance throughout the entire process.

What Is a Qualified Income Trust?

A qualified income trust, or Miller Trust, is an irrevocable trust established to hold a person's excess income to meet Medicaid's income requirements. This type of trust is a legal strategy used to ensure that individuals who overpass the income threshold can still receive Medicaid benefits. In the trust, income such as pensions, Social Security benefits, and other monthly incomes are deposited and managed according to strict guidelines to maintain eligibility for Medicaid.

How to Know if You Need a Qualified Income Trust

If your monthly income exceeds the limits set by your state’s Medicaid program, a Qualified Income Trust may be necessary to qualify for benefits. This typically applies to individuals entering long-term care facilities or those who need Medicaid to cover home care or other medical costs. Setting up this kind of trust allows you to legally align your income with Medicaid standards, thereby securing essential health benefits.

How an Attorney Can Help Set Up a Qualified Income Trust

As the trust lawyer San Antonio, TX depends on, we specialize in Medicaid planning and can:

• Analyze your financial situation.
• Prepare and execute the necessary documents to establish the trust.
• Ensure that all procedures are followed.
• Provide ongoing legal advice on managing the trust.

Get Started Today

If you’re exploring Medicaid eligibility or need assistance with a qualified income trust, our dedicated team is here to help. Contact us to discuss your situation and discover how we can provide the support and legal expertise you need to secure your healthcare needs effectively.