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The general family trust would NOT protect the home for the purposes of qualification of government benefits in the future. An Irrevocable Grantor Trust likely would protect the home and allow qualification but only after 5 years of ineligibility after creation and funding of the trust. There are other possible techniques that will protect the home if 5 years of ineligibility is not an option. However, those techniques and the use of an irrevocable trust
are very complex and involve many issue with regard to family dynamics, taxes and government benefits eligibility. You would really need to seek the experienced advise of an elder law attorney. You can find one at www.naela.org
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