Asset Spend-Down for Medicaid Qualification: Classifying Assets, Individuals vs. Married Couples, Appeals Process

This CLE course will provide counsel with an in-depth analysis of asset spend-down techniques for Medicaid qualification. The panel will highlight strategies for spend-down, understanding exempt vs. non-exempt assets, and distinctions between individuals and married couples, as well as offer methods to avoid common mistakes and pitfalls.

The spend-down of assets for Medicaid qualification causes much confusion. Practitioners advising the senior population must understand new medical criteria, qualification standards for Medicaid, how assets are classified, differences between individuals and married couples, and the appeal process.

Asset protection strategy implementation requires a working knowledge of how to determine the spend-down. Rules for married couples are particularly complex. Some spend-down strategies that work well for a married couple may not work for a single person, and vice versa. Counsel with elderly clients must thoroughly understand how funds can be spent to avoid Medicaid disqualification.

Listen as our panel of elder law attorneys guides counsel in navigating the Medicaid spend-down rules. The group will highlight key spend-down strategies to avoid Medicaid disqualification.