Medicaid Trust MAPT

Medicaid Asset Protection Trust Attorney In Raleigh

Ensure that the government does not take your heirs' inheritance

A Medicaid Asset Protection Trust (MAPT) is an irrevocable trust designed to shield assets while qualifying for Medicaid long-term care benefits. By transferring assets into the trust, you remove them from your countable assets, potentially meeting Medicaid's strict eligibility limits. A designated trustee manages the trust, often allowing you to receive income generated by the assets, but not the principal. Crucially, due to Medicaid's five-year look-back period, early planning is essential. This strategy helps preserve your legacy by ensuring assets pass to chosen beneficiaries, rather than being depleted by care costs.

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See What Sets NC Wills & Trusts Apart

We make affordable, dependable estate planning possible for families throughout North Carolina, helping you plan for the future with confidence. Explore some of the ways our personalized service can help you.

  • Accessible Pricing

    Estate planning should be accessible to everyone. Our flat fees are often one-third to one-half the cost of traditional firms—without sacrificing quality or care.

  • Direct Attorney Access

    Every client works directly with attorney Kevin Peach, ensuring personalized guidance and expert insight from start to finish—never passed off to support staff.

  • Transparent Service

    No hidden fees, no pressure tactics. We’re committed to making the process clear, simple, and easy to understand—so you can plan confidently.

  • Rooted in Community

    As a Raleigh native, Kevin Peach brings a local perspective, empowering clients through free webinars and educational resources.

Protecting Your Legacy: Medicaid Asset Protection Trusts in

Medicaid Asset Protection Trust (MAPT)

 At NC Wills and Trusts, we understand the concerns families face regarding long-term care costs and asset preservation. A Medicaid Asset Protection Trust (MAPT), also known as an Irrevocable Income-Only Trust, is a powerful estate planning tool designed to shield your hard-earned assets while qualifying for crucial Medicaid long-term care benefits.

Understanding Medicaid Asset Protection Trusts (MAPTs)

 A MAPT is an irrevocable trust specifically created to protect your assets from being counted towards Medicaid's strict eligibility limits. By transferring assets into the trust, you effectively remove them from your personal ownership, making them inaccessible to Medicaid's asset calculations.

How MAPTs Work:

  • Asset Transfer: You transfer assets into the trust, relinquishing direct control over them.
  • Trustee Management: A designated trustee manages the trust according to its terms. Often, the trust allows you to receive the income generated by the assets, but not the principal itself.
  • Five-Year Look-Back Period: Medicaid has a crucial five-year "look-back" period. Any assets transferred into the trust within this period may be subject to penalties, significantly impacting your eligibility. Therefore, early Medicaid planning is essential.

Benefits of a Medicaid Asset Protection Trust:

  •  Asset Protection: Safeguards your assets from being depleted by long-term care costs.
  • Medicaid Eligibility: Potentially secures your eligibility for Medicaid long-term care benefits.
  • Income Stream: May provide a potential income stream from the trust's assets.
  • Probate Avoidance: Helps avoid the complexities and costs of probate.
  • Peace of Mind: Offers peace of mind by establishing a comprehensive long-term care plan.
  • Protecting the Family Home: Often the home is the most valuable asset a person owns. A MAPT, when carefully drafted, can protect the home from being lost to pay for long term care.
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How NC Wills & Trusts Can Help You 

 Our experienced Trust Attorneys at NC Wills and Trusts can guide you through the complexities of Medicaid planning and create a MAPT tailored to your specific needs. We will:

  • Explain the intricacies of MAPTs and their implications.
  • Ensure your trust complies with all state-specific Medicaid rules and regulations.
  • Advise you on the implications of irrevocability and the trustee's role.
  • Help you navigate the five-year look-back period and maximize your eligibility.
  • Provide comprehensive estate planning services, including wills and trusts, will preparation, and trust creation.
  •  Individuals concerned about the high costs of long-term care.
  • Those seeking to protect their assets for their beneficiaries.
  • Individuals planning for potential future Medicaid eligibility.
  •  Individuals concerned about the high costs of long-term care.
  • Those seeking to protect their assets for their beneficiaries.
  • Individuals planning for potential future Medicaid eligibility.

Call (919) 759-6353 today or contact us online to schedule a free consultation.

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    Kevin and Co are aces in my book! They were my 3rd call during a tumultuous/perilous time, the first call wanted 3x more for the same service. Kevin is humble, patient, and understanding when you have a loved one with cognitive issues in and out of the hospital and delayed by such... The Rolesville Office setting was very nice, service outstanding, and the compassion shown was if it was his own family member. I will refer Kevin to anyone who will listen! Please do business with him without hesitation!!!
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    A Fresh Approach to Planning for Your Future

    Helping You Secure Your Legacy

    Have questions? Ready to get started? Call (919) 759-6353 today or contact us online to schedule a free consultation.

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