Medicaid Income Pension Trust

Medicaid Income Pension Trusts also known as MIPT accounts can be needed for some clients. It is best practice to have the facility complete these as the trustee. In some instances, APS has had to be the trustee, but this is not common practice. Once added to these  accounts APS cannot be removed without a new account opened and a new trustee appointed.

When looking for placement, ask the facility if they will arrange  and manage MIPT accounts before placing client.

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