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Episode 4 Jointly Owned Assets

By Todd Whatley

Description

In episode 3, I discuss assets in general and what Medicaid counts and what they don’t count.  Here, I discuss one of the more confusing aspects of Medicaid (especially in the public’s eye) is jointly held assets.  How does Medicaid look at an asset that is owned by the applicant and another person.

Medicaid views it differently if the other owner is a spouse or a non-spouse.  They even look at it differently depending on the asset and even how the asset is titled.  This episode jumps into one of the more complicated issues in Medicaid.  Let me know what you think at Todd@ElderLawinaBox.com.

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Todd

Todd Whatley

Todd Whatley is a Certified Elder Law Attorney with 20+ years of experience and is past President of the National Elder Law Foundations.