Spousal Impoverishment Act

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Our dedicated Buffalo medicaid lawyer discusses the spousal impoverishment act and the allowances under New York State law in the following video.

When a spouse is in a nursing home, there are certain protections that will entitle the spouse to receive Medicaid. First, the couple may be able to keep at least $120,900 in assets in addition to their family home. Also, they may retain combined income of $3,022, plus 75% of the excess. Additionally, if an individual has assets in excess of $120,000, he or she can sign a spousal refusal form to qualify her or his spouse for Medicaid.

This educational video was brought to you by Robert Friedman, one of our experienced Medicaid Lawyers in Buffalo, NY.

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Are you in the process of dealing with medicaid?  Friedman & Ranzenhofer are experienced Buffalo Medicaid Lawyers that can guide you through the process.