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Medicaid if You Have Too Much Income
Episode 87210th August 2022 • Answers For Elders Radio Network • Suzanne Newman
00:00:00 00:13:32

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If you're applying for Medicaid, what happens if they say you have "too much income?" Elder Law Attorney Jim Koewler joins Suzanne to discuss this interesting scenario.

You would need to seek a lawyer, set up a qualified income trust, called a "Miller trust," and then you have to use that trust every month, in order to even qualify for Medicaid. Income is a monthly event, so watch your state's rules, which can be very complicated.

Learn more at http://www.protectingseniors.com or email Jim at jkoewler-afe@protectingseniors.com.

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