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trust for my daughter

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Old Jun 26th, 2008, 06:12 PM     #1
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Default trust for my daughter

if I put my daughters name in trust for my mutual funds and years later apply for medicaid if I end up in the hospital do they count my funds as assests or are they protected cause I put them in trust for her?
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Old Jun 29th, 2008, 09:51 AM     #2
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Default Re: trust for my daughter

If they are funds you cannot access in any way they will not count.

Have a financial planner review if you have any questions.
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Old Jun 30th, 2008, 08:15 AM     #3
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Default Re: trust for my daughter

Thank you so much for responding and I am going to find a financial planner!Cindy
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