What Does Medicaid Mean In Regards To Estate Planning?

What Does Medicaid Mean In Regards To Estate Planning?

A federally-funded health care program covering minor children and the poor.  Eligibility is determined through income and asset restrictions.

Example Of Medicad In Regards To Estate Planning

My sister is disabled and received a Medicaid payment every month.  My parents have done special estate planning for her to make sure she does not lose her benefits because she gets an inheritance.