Does A Revocable Living Trust Protect My Assets From Nursing Homes?

One of the most repeated questions I hear in client meetings or at presentations is "Will a revocable living trust protect my assets from the nursing home?"

In the Medicaid Planning world, misinformation seems to swirl around the public.  It seems that many of the families I speak with were specifically told at a seminar that their revocable living trust would protect their life savings from the costs of long term care, and that they would not have spent the money on such a trust otherwise.