Understanding Medi-Cal Asset Protection Trusts (MAPTs): A Simple Guide for California Families
When families start thinking about long-term care, especially nursing home care, one of the biggest fears is losing their home or life savings to the extremely high cost. A Medi-Cal Asset Protection Trust (MAPT), also known as a Medi-Cal Asset Preservation Trust, is one of the time-tested tools that can help protect assets while still allowing someone to eventually qualify for Medi-Cal’s long-term care benefits. This can feel complicated, so here is a clear, easy breakdown along with a flow chart. What Is a MAPT? A MAPT is a special kind of irrevocable trust that allows you to move certain ... Read More
