or equal to the federal poverty level ($1,255/month in 2024). However, there is a great range in income and asset limits within the states. There are also many exceptions to what are considered countable assets and income. Visit our Medicaid page forcomplete eligibility requirementsor tofind...
Part II. Considers tax-related strategies available to protect elderly individuals' and married couples' asset in the event of Medicaid assistance. Conversion of nonexempt assets into exempt assets; Advantage of a split transfer for an individual; Compensation for family members for care giving; ...