Miller Trusts
Miller Trusts are also commonly known as a (d)(4)(B) Trust; Medicaid Income-Only Trust; or Irrevocable Qualified Income Trust (QIT). Miller Trusts are solely designed to own income to get around Medicaid’s income caps. In Florida, the income cap established by Medicaid is $2,205.00 per month (as of January 2017). Qualified Income Trusts can be established by the Medicaid applicant, his/her spouse, agent under valid power of attorney, or by a court.
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