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In Tennessee what is difference — income—- assets Can Tn…

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In Tennessee what is difference...
In Tennessee what is difference — income—- assetsCan Tn care take my Annuinty or IRA to pay my wife’s Medicaid nursing home bill?Are my Annuinty or IRA at risk
Submitted: 5 months ago.Category: Tax
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1/22/2018
Tax Professional: Barbara, Enrolled Agent replied 5 months ago
Barbara
Barbara, Enrolled Agent
Category: Tax
Satisfied Customers: 6,183
Experience: 20+ years of experience in tax preparation; 30+ years of experience as a real estate/corporate paralegal.
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Welcome to Just Answer. My name is ***** ***** I will be happy to assist you.

Your annuity or IRA (retirement funds), if in your name alone, are not considered as assets for purposes of Medicaid, and cannot be used to pay your wife's Medicaid nursing home bill.

Please let me know if I can assist you further.

Thank you and best regards,

Barb

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