Content Overview 
- Summary
- Transfer Assets For A Reason Other Than To Be Eligible For Medicaid
- Transfer Assets
- Set Up A Supplemental Needs Or Other Trust
- Invest In Your Home Up To The Legal Limit
- Transfer Your Home And Keep A Life Estate
- Make A Payment To A Continuing Care Retirement Community
- Make A Loan
- Purchase Items That Medicaid Doesn't Count
- Create A Medicaid Trust
- Purchase An Annuity ("Medicaid Annuity")
- Reduce Equity In Your Home
- Fund A Caregiving Agreement With Family Members or Friends
- Get A Divorce
- Ask A Significant Other To Move Out
- Move Out Yourself
- Pre-Pay Funeral Costs To The Extent Permitted By State Law
Medicaid: How To Plan Ahead For Long Term Care Coverage
Ask A Significant Other To Move Out
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This drastic step should not be undertaken lightly. Once the person is no longer living with you, his or her income and assets are no longer counted as your income or resources. People hvae been known to satisfy the requirement by moving out, but living nearby in the neighborhood.
If the relationship continues, there is a fine line between living with a person, and visiting frequently.
Keep in mind that the question will arise: how can you as the remaining person afford to live in the premises on your own. If you can't afford it on your own, the question is raised whether the person really moved out, or only did so to game the system.
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