Does Medicaid Count a 529 Plan As an Available Asset?
My mother established a qualified 529 College Savings program for her two grandchildren. She has terminal brain cancer but...
Read moreGenerally, Medicaid treats rental income as income. Also, the property will probably be excluded as a countable asset if it is a business property that is essential for self-support. However, you should check with your local Medicaid agency because some offices may treat rental property differently from others. The more difficult problem may be getting Medicaid to cover the nursing home for a single month. The system is cumbersome and set up for long-term placements. That’s another issue you can check on with the local Medicaid agency.
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My mother established a qualified 529 College Savings program for her two grandchildren. She has terminal brain cancer but...
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If a person is applying for Medicaid or already receives Medicaid benefits, what is the penalty if his or her house does n...
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Is the community spouse's 401(k) considered an asset when the state determines an applicant's eligibility for Medi...
Read moreMedicaid Rules, etc