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Medicaid LTC Asset Exclusions

Medicaid LTC Asset Exclusions

  • Homestead – your home and all the property touching, up to a value of $572,000.00.
  • Everything within your homestead – all of your belongings.
  • Prepaid Burial – bought from and paid for at a funeral home with a goods and services contract showing what was purchased.
  • One vehicle – this includes anything on your personal property assessment. The excluded is generally your daily driver vehicle or the vehicle of the highest value on your assessment.