Medicaid | J. Clarke Wilcox PLLC

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Should you give away assets to qualify for Medicaid?

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Should you give away assets to qualify for Medicaid?

You want to qualify for Medicaid, but your assets go above the predetermined thresholds. What now? One option is to spend-down your estate. You need to eliminate some of the assets you control to get below the threshold. There are numerous ways to do this, but many people simply gift them to family members or ...
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June 30th, 2018|

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What is a Medicaid Spend-Down

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What is a Medicaid Spend-Down

If you are a mature Texas resident, or if your parents are getting on in years, you may be concerned about what will happen if you or they eventually need nursing home or other long-term care. Even if you and/or your parents are relatively well-to-do financially, few people can afford the extraordinary costs of long-term ...
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June 21st, 2018|