A house can be placed into a special kind of trust called a "QPRT" - qualified personal residence trust. There is a five year look back period, however. Any asset that is transferred to a trust within five years of an application for Medicaid will not be protected, and will cause the applicant to be ineligible for Medicaid. There are ways of coordinating the creation of the trust and a potential application for Medicaid. As for the bonds - I have never had that situation but I would think you cannot transfer them into a trust because they are owned by a person, and use that person's Social Security number. If you change ownership by putting them in trust it would seem to be a redemption. So you could cash the bonds in and then transfer the proceeds into a trust.
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