When determining whether an individual qualifies for Medicaid, states impose both functional and financial tests. Functional means that the applicant must demonstrate medical need. Financial means that such an individual must demonstrate financial need. With proper planning though, it’s possible to meet the financial need prong even if assets exceed the threshold amount set by the state. Read on to learn more.
- The SECURE Act – the Gift That Keeps On Giving - September 30, 2023
- Understanding the Importance of the Simultaneous Death Act - September 15, 2023
- R-E-S-P-E-C-T Find Out What It Means To…Your Estate Plan - August 15, 2023