Georgia Medicaid Planning Nursing Home Care And Funeral Contracts
When we discuss countable and non-countable assets as it pertains to Medicaid qualification for nursing home care, funeral and burial contracts are also taken into consideration. Let’s recap from our prior post on countable assets: Bank Accounts Pre-Paid Funeral/Burial Under federal law, you are permitted to set aside money in an irrevocable pre-paid burial and […]
Georgia Medicaid Asset Rules For Nursing Home
Overview In order to determine your eligibility for Medicaid, assets must be categorized as countable and non-countable. Below is a detailed breakdown of these categories: Countable Assets The following are considered countable assets for Medicaid eligibility purposes: Unavailable Assets Certain types of assets are non-countable because they are not legally accessible to the applicant or […]