What Is a "Medicare Set-Aside" and When Do You Need One?
Because personal injuries usually don't just go away once...Read more
Medicare Set-Asides are complicated instruments designed to hold money from a settlement in order to reimburse the federal government for future accident-related medical expenses that are paid by the Medicare program. (For more on Medicare Set-Asides, click here.) Because Medicare Set-Asides are so complex, they shouldn't be set up without assistance from a special needs planner with experience working with these specific trusts. For a list of planners in your state, click here.