Page 7 - Medicaid 101 - Family First Firm
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03 - ASSETS














                                                                                                                                                             Medicaid has a $2,000 asset limit per individual


                                                                                                                                                             applicant. However, there are different asset


                                                                                                                                                             limits for a community spouse if the applicant is


                                                                                                                                                             married. Assets include bank accounts,


                                                                                                                                                             investments, real estate, life insurance, funeral


                                                                                                                                                             agreements, etc. Don't fret - we can offer several


                                                                                                                                                             Medicaid approved options to restructure and


                                                                                                                                                             protect assets so that you or your loved one can


                                                                                                                                                             still qualify for benefits without going broke in


                                                                                                                                                             the process.
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