Does an Inheritance Count for Medi-Cal? (An Elder Law Today Blog)

Timing is everything. How often have you heard someone express that sentiment? And while it’s often true of life in general, it’s certainly true in Medi-Cal planning. So, does an inheritance count as an asset for Medi-Cal purposes? For a single person, the answer is clearly, “Yes.” If a single individual is spending down his or her assets, and before the spend-down is completed, that individual receives an inheritance, then those assets are added into whatever that person has and must be spent down to $2,000 in California before eligibility will be completed. Likewise, if that person has already qualified [Read more…] The post Does an Inheritance Count for Medi-Cal? (An Elder Law Today Blog) appeared first on Law Office of Roy W. Litherland.
https://www.attorneyoffice.com/inheritance-count-medi-cal-elder-law-today-blog/

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