Opportunities Utilizing the Medicaid Asset Protection Trust and a Home Equity Conversion Mortgage

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Webinar Recorded: November 9, 2021
Duration: 55 minutes
Presenter: Frank Melia, CMPS, Vice President-Lending, Quontic Bank

The EC Medicaid Asset Protection Trust® (MAPT) is one of the most important tools for elder law attorneys to help their clients pre-plan for the cost of long-term care. Trustees and their attorneys have many options to leverage trust assets to ensure they are fulfilling their fiduciary obligations. Although the trust is irrevocable, it does not mean that trust assets have to remain stagnant.

During the video, Frank Melia walks through the Home Equity Conversion Mortgage (HECM) program and its utilization with a MAPT.

This is a great opportunity to hear first-hand, in-depth experience from Mr. Melia with HECM’s and how they can be utilized with MAPTs.