so a retained life estate is something

that we use in a deed transfer

from you to your let’s say irrevocable

asset protection trust if we’re planning

for

medicaid the reason why it’s important

is again it gives you the ability and

assurances that although you’re naming

somebody else to manage your trust

you’re able to live in the property as

long as you want collect any income that

the property collects

and remain on the hook for

taxes maintenance insurance any bills

associated with the property which again

is important if you’re receiving

senior benefits or star benefits

and it has the step up basis

and limits the capital gains on the

transfer upon your death