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Reply to "Special Needs Trust out of money?"
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[quote=Anonymous]$400,000 over 12 years will not get you very far with specialized care even if it is Medicaid subsidized...... And people are right. There are caps on how much a person can have an asset and still receive maximum Medicaid funding..... There are also a number of treatments, medications and providers who are not Medicaid eligible..... In order to care someone for their lifetime well over $400,000 is needed unless you want them to entirely live off of Medicaid funding which would be an okay life but definitely not great.[/quote]
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