How to Qualify for Medicaid: Eligibility and Transfer Rules

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. The problem with transferring assets is no longer controlling them.

Medicaid 101

Medicaid has strict asset rules that compel many applicants to spend down their assets before qualifying for coverage. It’s important to know what you can spend your money on without endangering Medicaid eligibility.

Medicaid 101

Transferring assets to qualify for Medicaid can make you ineligible for benefits for a period of time. Before making any transfers, you need to be aware of the consequences of transfers made during a lookback period.

Medicaid 101

Medicaid is a public benefits program that provides health insurance to low-income children, seniors, and people with disabilities. In addition, it covers care in a nursing home for those who qualify.

Medicaid 101

If you think you might someday want to apply for Medicaid long-term care benefits, you need to be careful about giving away money or property.

Medicaid 101

Many people wonder if it is a good idea to give their home to their children. While it is possible, giving away a house can have major consequences, involving gifts, capital gains, estate taxes, and more.

While some residents may prefer nursing home care to living on their own, others would rather be independent. For residents who want to move out but need some assistance to live on their own, help may be available. ...

Medicaid 101

The $250 stimulus payment for Social Security beneficiaries is not considered income to nursing home residents on Medicaid . . .

What would you do if both your parents asked you to assist them with their suicides within the same year? A decade after the fact, a son recounts how he fulfilled his parents' wishes.