Using Trust To Protect The Residence From TennCare Claims and to Qualify for Veterans Benefits (Online Program)

Event Types: 
CLE Programming
Tuesday, February 19, 2013 - 12:00pm

The Court of Appeals for the Eastern District of Tennessee (In Re: Omer Stidham) recently held a revocable trust does not protect a residence of the institutionalized single person from claims by TennCare. The speaker will discuss the affect of that ruling and how to draft an irrevocable trust to hopefully protect the residence, while still qualifying for personal residence exclusion and steeped-up basis at death.