Does a Wife's Separate Property Count Toward a Medicaid Applicant's Assets?
In spending down assets to qualify for Medicaid, are investments that are the “separate property” of a wife fr...
Read moreTo start, we strongly recommend that you go back to the attorney who drafted the trust or another elder law attorney in the state where your mother lives. The answer to your question may depend on the terms of the trust and on state law. In addition, sometimes either state law or the state’s interpretation of its own laws change over time. To find an attorney near you go here: http://www.elderlawanswers.com/elder-law-attorneys.
That said, if your mother has been receiving the income from the trust, then it appears she has this right under the trust document and that right will continue. She will have to keep receiving the income and report it to Medicaid.
Local Elder Law Attorneys in Your City
In spending down assets to qualify for Medicaid, are investments that are the “separate property” of a wife fr...
Read more
I have read that a Medicaid applicant won't be penalized for making transfers to a disabled child during the look-back per...
Read moreMedicaid Rules, etc