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On today’s Lunch and Learn we discuss what is considered an asset by Medicaid. Assets include anything that is a liquid asset or can be quickly converted above what is necessary for personal use. This includes bank accounts, 401ks, pensions, properties beyond your prinicipal residence, time shares, cars beyond one for personal use, rental properties, time shares, stocks, etc. #medicaid #longtermcare #assistedliving #nursinghomelife #eldercare
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On today’s Lunch and Learn we discuss what is considered an asset by Medicaid. Assets include anything that is a liquid asset or can be quickly converted above what is necessary for personal use. This includes bank accounts, 401ks, pensions, properties beyond your prinicipal residence, time shares, cars beyond one for personal use, rental properties, time shares, stocks, etc. #medicaid #longtermcare #assistedliving #nursinghomelife #eldercare
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