How Does Miller Trust Affect Your Social Security Benefits In Arizona?

Are you retired or planning to retire soon and looking for ways to ensure your social security benefits are maximized? If so, a Miller Trust might be just the solution you need. 

A Miller Trust, also known as a qualified income trust, is a trust that is used to protect the assets of someone who is receiving Medicaid benefits. The trust allows the person to qualify for Medicaid while still keeping their assets. You can contact the top-rated attorney in Arizona who will be able to help you in securing the benefits and resources your loved ones deserve.

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The trustee will then make sure that any income from the assets goes into the trust so that it can be used to pay for the person's care. A Miller Trust can be a big help for people who are trying to pay for long-term care, but it's important to remember that there are some rules that come with it. 

There are several other benefits of establishing a Miller trust, including:

1. You can continue to receive Medicaid coverage even if your income increases.

2. Your trustee can manage your finances and make sure your bills are paid on time.

3. Your beneficiaries will inherit any assets that are left in the trust after you die.

If you are disabled and receiving Social Security disability benefits, establishing a Miller trust can be a good way to protect your benefits and manage your finances.