In South Dakota, can a revocable living trust help me qualify for Medicaid?

Unfortunately, many people incorrectly believe that transfering an asset to a revocable trust will result in Medicaid qualification. However, assets held in a revocable trust are still treated as still being owned by the individual for purposes of Medicaid eligibility.

The reason these transfers do not help with Medicaid eligibility is because the person still controls the asset in a revocable trust, either by keeping the right to revoke the trust or by retaining the power to control the disposition of the assets.