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*“Forethought” is Forethought Life Insurance Company and affiliates, subsidiaries of Global Atlantic Financial Group Limited.
Product features and riders may vary by state. Not available in all states. A life insurance license is required to sell Forethought TrustGuard Gold. Underwriting, typically completed at the point-of-sale, may also be necessary. Death benefit growth is not guaranteed.
Medicaid rules, as well as their interpretation and application, vary by state and the ability to qualify for a state and/or federal public assistance program IS NOT guaranteed. You should always consult your state’s specific rules pertaining to irrevocable assignments, Medicaid eligibility and on using a trust to protect your assets. The applicant’s individual circumstances at the time of application for government assistance will, in part, determine whether or not the policy will count as a resource. The judgment of the case worker handling the application will also be a factor. Asset protection and creditor/debtor law varies by state. Consult with an attorney to determine the relevant state law and its applicability to TrustGuard Gold.
This information is written in connection with the promotion or marketing of the matter(s) addressed in this material. The information cannot be used or relied upon for the purpose of avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal advice. As with all matters of a tax or legal nature, you should consult your tax or legal counsel for advice. The TrustGuard Gold plan DOES NOT involve a contract to purchase any funeral, burial and/or cremation-related goods and/or services. FOR AGENT USE ONLY. NOT FOR USE WITH THE PUBLIC
A Forethought representative will respond regarding your inquiry.