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    Can Medicaid take my house?

    Can medicaid take my house? Medicaid is a government program in the United States that provides healthcare coverage for low-income individuals and families. It is jointly funded by federal and state governments, and each state operates its own Medicaid program within federal guidelines. Medicaid eligibility is based on income level and other criteria, and it covers a wide range of medical expenses for those who qualify. One concern that arises for many Medicaid applicants, especially in Ohio, is the potential impact on their assets, including their home. Medicaid eligibility rules vary by state, but generally, Medicaid does not directly take away a person’s home while they are alive and living…

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    What is a trust?

    What is a trust? “What is a trust?”, is one of the most commonly asked and searched for estate planning questions. A trust is a powerful legal arrangement designed to protect and manage assets for the benefit of individuals or families. A trust is operated under the guidance of a trustee, who ensures that the assets are used according to the wishes of the person who established the trust (the settlor). Trusts offer numerous advantages, primarily centered around their ability to provide long-term financial security, flexibility, and certainty.  One benefit of a trust is that it can ensure assets are safeguarded and managed effectively, even after a person passes away.…