Facing Excess Income When Applying for Medicaid? A Pooled Trust May Be the Solution
GibbLaw2025-07-03T10:20:26-04:00One common challenge Medicaid applicants face is having income that exceeds the program’s limit. To address this, two common planning tools are a Qualified Income Trust (QIT) and a Pooled Trust. A QIT is limited in scope—it can only shelter excess monthly income and is restricted to paying for specific expenses like medical or facility-related [...]
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