One of the members of our club has recently lost her spouse
and has created a MAP (Medicaid Asset Protection) trust and
has listed her portion of our club as part of the assets in
her trust. In researching this kind of trust I've
discovered that this trust is an irrevocable trust and I'm
not sure this is a good idea for her and something we should
allow as a club. I don't know the reasoning to present to
this member to "make our case" to not allow this and I want
to be kind and helpful to our member. Our Partnership
Agreement does allow members to title their portion in a
"revocable living trust", so this alone might be a reason to
not allow a MAP trust.

Have any of you had experience with a MAP Trust?

Marilyn Haldiman
Win-Vest Investment Club