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How Can I Spend Down Money to Qualify for Medicaid?

  • August 27th, 2013
What are the acceptable ways of spending money for someone who is applying for Medicaid? Can it be on clothing, home furnishings or appliances? Can funeral arrangements be pre-paid? What other ways can be used without Medicaid seeing it as a cash value or asset that they can cash in on?

You may pay for anything for the benefit of the nursing home resident, including clothing, furnishings, a prepaid funeral or irrevocable funeral contract, entertainment, extra therapy, or the professional services of a geriatric care manager or elder law attorney. The exact rules around such spending can differ from state to state, with some Medicaid agencies being more expansive than others in what they will permit. To know for certain is allowed, you need to meet with a local elder law attorney, who can let you know if there are other planning steps available in your situation.

Local Elder Law Attorneys in Ashburn, VA

Evan Farr

The Law Firm of Evan H. Farr, P.C.
Fairfax, VA

Daniel Steven

Daniel N. Steven, LLC
Rockville, MD

Mindy Felinton

Felinton Elder Law & Estate Planning Centers
Rockville, MD

Last Modified: 08/27/2013

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