Understanding Medicaid Eligibility
Medicaid exists to provide support to people who are financially disadvantaged. However, proving you are disadvantaged can be a challenge. Many people think that they need to give away their assets, or they think it is too early or too late to plan effectively. In reality, when you work with an experienced attorney who understands the Texas Medicaid qualifications, it is never too early or too late to begin planning. You do not need to drain your resources to receive the financial support you need.
Livens & Reed, PLLC understands the challenges that come with placing a loved one in a nursing home. Most people work hard and save for their retirement for years, only to deplete their savings paying for their long-term care or that of a loved one. We have more than 25 years of experience helping individuals in the Dallas-Fort Worth Metroplex and throughout Texas effectively plan for Medicaid benefits.
Medicaid Has Rules. We Help You Meet Them.
How We Can Help
| Situation | Income Cap | Resource Limit | Key Notes |
|---|---|---|---|
| Single Individual Entering a Nursing Home | $2,982 per month | $2,000 total countable assets | If income exceeds the cap, a Qualified Income Trust (Miller Trust) may be required. Certain assets such as a primary residence, one vehicle, and personal belongings may be exempt. |
| Married Couple – One Spouse in Nursing Home | $2,982 per month (applicant spouse) | $2,000 for applicant spouse; Community spouse may retain between $32,532 and $162,660 | The spouse remaining at home may also be entitled to a Monthly Maintenance Needs Allowance of up to $4,066.50. Proper planning can protect assets and allocate income appropriately. |
| Married Couple – Both Spouses in Nursing Home | $2,982 per month per spouse | $3,000 combined countable assets | Income caps apply individually to each spouse. If either spouse exceeds the income limit, a Miller Trust may be required for that spouse. |
Contact An Experienced Lawyer Regarding Your Medicaid Questions
It is never too early or too late to take important steps toward protecting your assets. Contact us online, or call 817-545-3425 to learn how you can protect your assets and your loved ones. During your free initial consultation, you can discuss your situation with professionals who can help determine the most effective next steps in your situation.
Our Medicaid Planning & Elder Law Services
Hear From Our Past Clients
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