Florida Medicaid Web Site: Exempt Assets
 
Florida Medicaid - QIT - Qualified Income Trust - Medicaid Rules - FloridaMedicaid.com
Qualified Income Trust - Medicaid Planning - Miller Trust
Special Needs Trust Planning
FloridaMedicaid.com  
     

 

 
 
 

Home

 
sss ss sss
 

Medicaid Applications

 
sss ss sss
 

Medicaid ICP Program

 
sss ss sss
 

Find a Medicaid Lawyer

 
sss ss sss
 

Medicaid Diagnostic Tool

 
sss ss sss
 

Florida Medicaid Blog

 
sss ss sss
 

Florida Medicaid Manual

 
sss ss sss
 

List Your Firm

 
     
 
Featured Medicaid Attorney
 
 

 

 
 

 

 

Exempt Assets

The following assets are some of the exempt assets from Medicaid qualifications:
    1. Homestead:
    - so long as the well spouse continues to reside there. 
    - if there is an "intent-to-return" by the applicant.
    - if a dependent SSI-disabled child lives there.
     
    2. Certain Retirement Accounts.
     
    3. Trade or Business Property.
     
    4. Irrevocable burial contracts.
     
    5. $2,500 designated for burial expenses
     
    6. Irrevocable burial contracts, bank accounts designated for burial by notation in the title, or life insurance policies.
     
    7. One burial plot per family member.
     
    8. Other property if rented or listed for sale at fair market value.
     
    9. One Vehicle
     
    10. Additional vehicle(s) - if seven or more years old, except if is a luxury model, an antique or customized.
     
    11. Life insurance - with zero cash value - or if - with cash value - the total face value of all life insurance policies is less than $2,500.
     
    12. Life estate interest in real property.
     
    13. Certain annuities.
     
    14. One wedding ring.

 

 

  Get Help W/ Medicaid Planning  
     
 
Medicaid ICP Program:

Income Rules

Asset Rules

Transfer Rules

Medicaid & the Homestead

Crisis Planning

Advanced Planning

Common Mistakes

2010 Medicaid Numbers

 
Planning for Disability:

Last Will & Testament

Living Trusts & Medicaid

Durable Power of Attorney

Living Will

Health Care Surrogate

Annuities & Medicaid

Long-Term Care Insurance

Special Needs Trusts

 
 
 
 
     
 
     
 

Privacy Policy | Disclaimer - Legal Information is Not Legal Advice

Senior Management Group, LLC, copyright 2005.  All rights reserved.

Disclaimer: The information provided on FloridaMedicaid.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions. 2005 Senior Management Group, LLC. All rights reserved.  Senior Management Group, LLC does not offer legal referrals (as defined in State Bar of Florida Pertaining to Lawyer Referral Services).