WebKey Medicaid Information for South Carolina Protections for the Community Spouse Community Spouse Resource Allowance (CSRA): $66,480.00 Increased CSRA: Not permitted. Annuities: Actuarially sound annuities are permitted. Monthly Maintenance Needs Allowance: $3,715.50 Learn More Medicaid Protections for the Healthy Spouse Transfers WebExempt Assets in 2024 for an applicant in South Carolina include: i. $2,000 or less in cash/non-exempt assets if single. ii. One home is exempt (equity limit $688,000) if …
Key State Medicaid Information for South Carolina - ElderLawAnswers
Web14 Dec 2024 · North Dakota allows married couples to keep up to $6,000 in assets, regardless of if they are applying for regular Medicaid, nursing home Medicaid, or a HCBS … Web1 Oct 2024 · The South Carolina Medicaid program, Healthy Connections, along with the federal laws, provides individuals and their families with specific legal and financial requirements and regulations for Medicaid eligibility, assets and income treatment, transfers of assets and community spousal income. morris corn fest
Medicaid Countable & Non-Countable Assets - Carolina Family Estate Planning
WebBut as an example of how the law may be applied, here’s how the rules work in Massachusetts: A Medicaid recipient may have one vehicle so long as either (a) the value is under $4,500 or (b) the recipient can prove a need for the car. In your father’s case, he has two. So, he would have to get rid of one. He can sell one and spend down the ... Web1 Jan 2024 · Medically Indigent Assistance Program (MIAP) Family income cannot exceed 200% of the Federal Poverty Level. Additionally, an applicant’s resources and assets … Web1 Jun 2015 · Philip is an estate and elder law planning attorney in Fort Mill, SC, whose mission is to provide families with quality estate and Medicaid planning resources. He wants to arm you with the ... minecraft iron farm download