The way Texas treats income eligibility for Medicaid nursing home benefits is tragic. According to the Texas Department of Human Services, the average costs for care is about $7,233 each and every month. In the Houston area, costs can easily run over that. Few people can afford to pay that kind of money so they […]
Miller Trust bank accounts are not the same as traditional bank accounts. Here’s why: The bank accounts opened to fund a Qualified Income Trust (the technical name for a Miller Trust) operate more like a “representative account” for the payment of a disabled persons expenses. It is not a typical asset-type trust fund. They are […]
If you plan to open a Miller trust bank account, you need to understand how these types of accounts differ from traditional bank accounts. Difference #1: The bank accounts opened to fund a miller Trust operate more like a “representative account” for the payment of disabled person’s expenses rather than a typical asset-type trust account. […]
