The Generations Legal Group Podcast

Epi 56 How Does a Married Person Qualify for Medicaid (Will I lose everything)?

April 20, 2022 Todd Whatley and Sara Scott Episode 56
The Generations Legal Group Podcast
Epi 56 How Does a Married Person Qualify for Medicaid (Will I lose everything)?
Show Notes

Today we focus on a specific situation where one spouse needs Medicaid.  People really don't understand this issue and think they will lose everything or at best lose half.  However, if a couple is under $1 million, NOT counting the home, they can probably qualify for Medicaid really quick and keep everything.

Also, DIVORCE IS NOT THE ANSWER.  So many times, the advice given by non-Elder Law Attorneys is to get a divorce to keep half.  Well, that is horrible advice.  An Elder Law Attorney who knows what they are doing can protect most if not all of the assets within reason.

Listen today to learn how this really works.

Information to help you answer all of your questions about aging.