Qualified Income Trust can help establish Medicaid eligibility if applicant’s income too high
Q: I'm applying for Medicaid for my father. I've been paying for his nursing home for 6 months and cannot continue. His income,
A: Below are the basics, but you will need detailed guidance from an experienced
The current income cap for eligibility for Medicaid benefits is
A
If your dad is not competent to create the QIT, his agent under his
Medicaid is entitled to take up to the amount that it has expended when Dad dies. This is probably a moot issue because the QIT will zero out at the end of each month and likely have little or nothing in it when dad passes.
Please seek professional legal help to avoid a mistake that would jeopardize your father's benefits. Good luck.
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