Miller Trusts in Texas: Why Timing Is Important A misunderstood ideas is about the best time to set up a Miller Trusts to become eligibility for benefits. Anyone who applies for Medicaid and has a gross monthly income over the limit (for 2019, $2,313) won’t qualify without a properly funded Qualifying Income Trust (the formal […]
One of the most persistent myths is that a Miller Trust in Texas can protect assets from Medicaid. I don’t know why this misunderstanding persists, but it does. The truth is simple: you cannot use a Miller Trust in Texas to shelter assets. If you try, you invalidate the trust and lose benefits. For families who don’t […]
The way Texas treats income eligibility for Medicaid nursing home benefits is tragic. According to the Texas Department of Human Services, the average costs for care is about $7,233 each and every month. In the Houston area, costs can easily run over that. Few people can afford to pay that kind of money so they […]
