Georgia Medicaid Planning Nursing Home Care and Funeral Contracts
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 – Up to $1500 may be placed in a […]
Georgia Medicaid Asset Rules For Nursing Home
Georgia Medicaid Asset Rules For Nursing Home In order to determine your eligibility for Medicaid, we have to categorize your assets as countable and non-countable assets. Below is a break down Countable assets: Cash, checking and savings accounts, CD’s Joint bank accounts IRA, 401(K), 403(B), TIAA-CREF, and other retirement-type accounts Life insurance cash values (if […]