👉Get started on your estate plan—watch our, on-demand workshop:  https://www.daytonestateplanninglaw.com/how-to-not-go-broke-in-a-nursing-home-even-if-you-think-its-too-late/Attorney Ted Gudorf reveals how Qualified Income Trusts (QITs) can help families earning above Medicaid’s income limits still qualify for long-term care benefits. He breaks down the strict spending rules, smart strategies to enhance quality of care, and the importance of expert guidance to avoid costly mistakes.======================= Takeaways  A Qualified Income Trust (QIT) helps qualify for Medicaid despite high income.Funds in a QIT must be spent on health-related expenses only.Medicaid has strict income limits for long-term care services.Trust funds can cover health insurance premiums and dental expenses.Prescription medications can be paid for using trust funds.Alternative therapies and treatments qualify for trust fund spending.Trust funds can be used for hiring additional home care assistants.It's crucial to keep detailed records of all expenditures from trust funds.Trust funds should be spent down regularly, not accumulated.Professional guidance is essential for effective Medicaid planning. Resources:Gudorf Law GroupThe Ohio Estate Planning Guide - Free BookGudorf Law: What We Do and How We Help WebinarDon't Go Broke in Nursing Home WorkshopWhen a Loved One Dies: A Legal Guide - Free BookSubscribe on YouTube

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