A Medicaid Asset Protection Trust (MAPT) is an irrevocable trust that allows an individual to protect his or her assets from Medicaid. Once the MAPT is established, assets are transferred into the trust, which contains specific language to allow the trust to be considered an exempt asset for Medicaid purposes once the applicable look-back period … Continued

“It is common for insurance policies to give with the right hand and then take away with the left.” —Richard Posner, Chief Judge of the 7th Circuit Court of Appeals, Curtis-Universal Incorp. v Sheboygan Emerg. Med, Services, Inc., 43 F. 3d 1119, 1123 (7th Cir. 1994). The ongoing coronavirus (COVID-19) pandemic and variants are the most … Continued