Most people have heard different statements from people regarding Medicaid qualifications and assume that they are true. So, let me give you 7 myths about receiving Medicaid benefits.

1. You will lose your home.

2. You have to spend down all of your assets to $2,000.

3. You should transfer your money to your children to qualify.

4. You have to be “poor” to qualify.

5. You have to wait 5 years to qualify.

6. You have to be in a nursing home to qualify.

7. You will lose your IRA or 401(k).

None of the above are true! Medicaid is complex and there are exceptions to the exceptions. Don't assume what you heard is correct. It likely is not! Even attorneys who do not deal with Medicaid rules on an everyday basis can provide information that is not correct. If staff at the hospital or a facility give you advice about Medicaid, again, it may not be correct, as they are not elder law attorneys. We can qualify someone with $300,000 in assets for Medicaid. We can qualify someone with more or less. Every case is different and we can use all lawful means to qualify you.

Please reach out and we will do an analysis of your assets and income and advise you how much we can save you and your family and how quickly we can qualify you. You DO NOT need to wait 5 years and you should not give your home away.

Call my office at 239-529-8731 for help!