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In my post last week I explained that once a Medicaid application is approved, everything isn’t on autopilot.  What I mean is that you must be vigilant so as not to lose the benefits once you have them. That can happen a number of ways such as a change in circumstance. 

The past 2 weeks my blog posts have covered QITs.  Last week I told you about a case in which the trustee initially transferred the correct amount to the QIT, the Medicaid recipient’s entire monthly Social Security, however, when that amount increased because of the cost of living adjustment, the trustee

In my post last week I revisited a Medicaid topic that I am frequently asked about - qualified income trusts.  An applicant’s income that exceeds Medicaid’s strict monthly income cap ($2382 in 2021) must deposit some of that income into a QIT before then sending it where it must go according