The purpose is to protect assets and allow individuals to qualify for Medical Assistance. Medical Assistance is a Welfare Program which helps individuals pay for the high cost of nursing home care, now in Pennsylvania averaging $482.00 per day. An individual’s assets will be protected so long as the Trust is created, and assets transferred five (5) years prior to a nursing home admission and request for Medical Assistance.

During the individual’s life, they will enjoy the use of the home and income generated by the assets in the Trust. Upon the individual’s death, the named beneficiaries, usually children, receive the accumulated principle.