Elder Law Answers Elder Law Answers

Search Articles

Find Attorneys

Medicaid Rules

What Is Medicaid?

Medicaid (called "Medi-Cal" in California, "MassHealth" in Massachusetts, and "TennCare" in Tennessee) is a joint federal-state program that provides health insurance coverage to low-income children, seniors, and people with disabilities.

Read more ElderLaw 101
Elderlaw 101

Medicaid's Asset Rules

In order to be eligible for Medicaid benefits a nursing home resident may have no more than $2,000 in "countable" assets (the figure may be somewhat higher in some states). ...

Read more ElderLaw 101
Elderlaw 101

Medicaid's Asset Transfer Rules

In order to be eligible for Medicaid, you cannot have recently transferred assets. Congress does not want you to move into a nursing home on Monday, give all your money to your children (or whomever) on Tuesday, and qualify for...

Read more ElderLaw 101
Elderlaw 101

Promissory Notes and Medicaid

A promissory note is normally given in return for a loan. Classifying transfers as loans rather than gifts can be useful because it sometimes allows parents to "lend" assets to their children and still maintain Medicaid eligibility.

Read more ElderLaw 101
Elderlaw 101

Medicaid and Trusts

With careful Medicaid planning, you may be able to preserve some of your estate for your children or other heirs while meeting the Medicaid asset limit.

Read more ElderLaw 101
Elderlaw 101

Local Elder Law Attorneys in Ashburn, VA

Jeffrey Hammond

Hammond and Associates, LLC, Elder Law, Estate Planning, Wills, Trusts, Probate
Bethesda, MD

Loretta Williams

Hale Ball Carlson Baumgartner Murphy PLC
Fairfax, VA

Samantha Fredieu

Hale Ball Carlson Baumgartner Murphy PLC
Fairfax, VA

Free

Elder Law Guides

Download one or more of our in-depth guides on elder law topics.

Get your Guide

Medicaid Rules, etc

View All Elder Law Topics Questions & Answers State Medicaid Information