Does Medicaid Count the Assets and Income of an Applicant's Unmarried Partner?
- June 2nd, 2016
If the partners are not married, each will be treated as single when applying for Medicaid. It does not matter that they are in a relationship. But beware running afoul of the transfer rules. Married couples may freely transfer assets back and forth, but if an unmarried couple does so, it may be treated as a transfer of assets and penalized with a period of ineligibility for benefits based on the amount transferred. For more information on Medicaid asset transfer rules, go here: http://www.elderlawanswers.com/medicaids-asset-transfer-rules-1201.
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Law Offices of John L. Laster
John Laster is a lawyer licensed to practice in Virginia, Maryland and the District of Columbia. He limits his practice to wealth transfer planning, trusts, wills, powers of attorney, health care decision-making issues, estate administration and related tax, elder law and disability concerns. Listed in The Best Lawyers...
Needham Mitnick & Pollack, PLC
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