Does a Revocable Living Trust protect my assets from Long Term Care Costs or Nursing Home Care Costs?

No. The primary purpose of a Revocable Living Trust is to avoid the time and expense of going through Probate. A Revocable Living Trust does not protect assets against long term care costs of a nursing home, Medicaid or other creditors. To get this type of protection you would need an Irrevocable Trust.

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