Medicaid is a “needs-based” governmnet program, which means your assets must be below a certain limit in order to be eligible for benefits.
Topics covered in this whitepaper include:
- What Does it Mean to “Spend Down” Your Assets?
- Are there Assets that are Not Counted by Medicaid?
- Certain Expenses are Permitted to be Paid
- What Happens If I Spend Down the Wrong Way?
Click here to read the whole article or download the PDF.
Wilcox Attorneys, PA is a Fayetteville-based law firm dedicated to helping families and businesses across Northwest Arkansas, including Springdale, Rogers, and Bentonville, plan for the future with confidence. Founded by attorney Audra Bailey Wilcox, our mission at Wilcox Attorneys is simple: put your needs first.
We take time to understand your goals and explain your options in plain English. Whether you need a comprehensive estate plan or guidance for your business, we make the process clear and stress-free. You tell us what you want; we create a plan that protects your wishes and your assets.
We take time to understand your goals and explain your options in plain English. Whether you need a comprehensive estate plan or guidance for your business, we make the process clear and stress-free. You tell us what you want; we create a plan that protects your wishes and your assets.
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