State and federal laws combine to administer the Medicaid program in Washington State. The program is designed to provide long-term health care and assistance for those with chronic health needs. Public funds are available to assist people with in-home and assisted living care.
Not surprisingly, a Medicaid applicant's assets and income must fall within set limits in order to qualify for government benefits. Additionally, once funds for care are administered and the benefit recipient passes, the State can place a lien on the person’s real property (e.g. home) for reimbursement.
There are certain transactions and expenses that will not impact a person’s ability to qualify for and maintain Medicaid benefits. Kristina Mattson Law can assist you with preventative asset protection planning prior to applying for Medicaid.
Each situation is different, but some available tools are allowed purchases, inter-spousal transfers, Deeds, Wills with Supplemental Needs Trusts and Medicaid compliant Irrevocable Trusts.