Q: My dad has re-qualified for Medicaid this April. An unknown pension has surfaced that dad never knew he had. Now he will get 20 years of payments. Will this disqualify him from Medicaid or can the money be moved under the Medicaid Law?
A: You need to meet with an elder lawyer versed in Medicaid law immediately. You can shelter some of this income but more specific information is needed to be known as to how to proceed. A personal care contract and a special needs trust, come to mind as possibilities.