Rural Money: Medicaid asset and trust planning can be a complex part of estate planning

For many, estate planning also includes planning for the possibility of long-term healthcare. A recent court decision from Iowa raises concerns about protecting assets in a trust from a state’s reimbursement claim of Medicaid benefits.

Roger McEowen with the Washburn School of Law spoke with RFD-TV’s own Janet Adkison on the basics, how the Iowa case involves asset sheltering, and what producers need to know.

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“It’s really disruptive! When you talk to farm groups and individual farmers, there is a lot of concern that this is impacting Canada’s reputation with customers around the world.”