Hi, I struggle with schizoaffective and reside in IL. My parents are setting up a will and want to leave me a trust fund if there is anything left of their estate.
I know you have to be careful that Social Security won't consider that money to be income, thus taking SSDI away, and Medicaid also.
Plus, I've heard of cases where a trust fund was made but when the beneficiary dies, everything the State has paid on his/her behalf for medical expenses is owed by the remaining family.
Does anybody have any insight on trust funds?