Asset Protection Trusts in Texas: Practical Options, Limits, and Medicaid Planning
Key Takeaways Texas recently enacted HB 4058 (effective September 1, 2025), creating a framework for self settled trusts with asset protection features, but the law is new and imposes strict requirements. Most Texans still rely on irrevocable trusts, spendthrift provisions, business entities, and sometimes out-of-state trusts for creditor protection. Revocable trusts do not protect assets […]