A Medi-Cal Planning Trust, aka Medi-Cal Trust, Medi-Cal Asset Protection Trust, or Medicaid Trust, is an Irrevocable Trust that is created to hold assets such as a home, investment accounts, and bank accounts. The purpose of the Trust is to qualify a California state resident for Medi-Cal Long-term care benefits to pay for nursing home care or skilled nursing care and to protect the recipient’s assets from the State of California’s “Medi-Cal Estate Recovery Program”.
