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                Medicaid requires the applicant to spend down all assets to under $2000 before approving an application for benefits.  The question comes up frequently about life insurance.  Is it an asset and if so, what is the value?                 In order to answer that question, we must examine what kind of

                Last week I told you that Dave called because his dad needs to go to a nursing home and he is now in “spend down mode”.  He plans to sell the home, spend down the proceeds from the sale and then apply for Medicaid.                 A straight forward, sound approach? 

                Dave called me because his dad had just recently suffered a stroke and was in the hospital but ready to be discharged.  Dave told me, “Dad can’t go home.  We’ve been able to keep a promise we made to keep him home but at this point the family recognizes