Home > Frequently Asked Questions Abo… > Do I have to spend my life sav…

Do I have to spend my life savings before I can qualify for Medicaid?

No. With proper planning a majority, if not all, of your assets can be protected from Medicaid "spend down."

Recent Blog Posts

Jun

June 10th, 2019

As you age, there’s an increasing chance that you may need long-term care in a nursing home or other facility. When you do, there’s also a chance you may need the help of Medicaid to pay for it; most people can’t afford to bear the high cost of… Read More

May

Should You Convert Your IRA to a Roth?

May 28th, 2019

Prior to 2010, only taxpayers with an adjusted gross income (AGI) of less than $100,000 had the ability to convert their non-deductible or deductible Individual Retirement Accounts (IRAs) to a Roth IRA. In 2010, however, Congress extended that option… Read More

May

Elder Law Month 2019

May 21st, 2019

It’s May! The snow has finally melted away, spring has well and truly sprung, and, of course, it’s National Elder Law Month. We don’t mark Elder Law Month with pageants and parades, but we do mark it—and we hope you will, too. As always, a br… Read More

Read All Blog Posts