Qualify for Medicaid Without Depleting Your Estate
Qualify for Medicaid and Retain Your Assets
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If you think that everyone qualifies for Medicaid without any problems, think again. The government has created strict Medicaid eligibility requirements. If you have a sizable estate, you might not qualify but with some simple Medicaid planning, you can take steps that will help you minimize the risk of losing your Medicaid eligibility, without having to give away your assets just to qualify. With long term health programs like nursing homes costing more than $100,000 annually in some cases, most people depend on Medicaid for financial assistance. As a result, you might not need to rely solely on your assets to pay for long-term care.
Why Are There Requirements to Qualify for Medicaid?
How Can Medicaid Planning Help?
Find out more: Our informative white paper, “Set the Stage for Medicaid Eligibility” can help you start the planning process.
Featured Blog Post
Elder Law News: Medicaid Changes Limits
There is some news to report with regard to the 2013 dollar limits that the Medicaid program has applied to home equity, the community spouse’s share of a married couple’s assets, and the monthly maintenance needs allowance.
Many people are not aware of the fact that Medicaid pays for the long-term care expenses of most senior citizens who are i read more–>