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Qualifying for Needs-Based SSI / Medicaid

In addition to being blind, 65 years of age or older, a person must also meet certain qualifications relating to income as well as assets. 

Income Test requires: That a person must be unable to engage in substantial gainful activity. Essentially, if you are able to make $1,170 per month, or $1,950 (if Blind), then you do NOT meet the income test as your income must be less than the aforementioned figures. 

Asset Test-The eligibility rules require that a single person have no more than $2,000 in available assets. However, there are certain exceptions and certain assets are not counted for purposes of determining eligibility. 

Medicaid eligibility rules provide a five year "look back," to discourage people from giving away assets to become eligible. What does that mean? It means you will not be able to give away assets so that your loved one can become eligible. 

Everyone should have a Will, and everyone should have an estate plan. 

Everyone should have a Will, and everyone should have an estate plan.