Estate planning must haves

What is a Medicaid Spend Down?

This is a financial strategy that people use to qualify for Medicaid when their income is too high. Since Medicaid helps with medical costs for people with limited income, you have to spend down your income to be eligible for the program.

However, the rules, restrictions, and requirements of a Medicaid Spend Down can be confusing, and they may vary by state. Hence, it’s wise to consult with an estate planning attorney to help you with the process.

An estate planning attorney has the experience and knowledge required to ensure you’re eligible for a Medicaid Spend Down. Contact Meurer & Potter Law Office P.C. today to hire your estate planning attorney.