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Great question and a complex situation. This isn't a one size fits all circumstance. Their assets will be spent down but the threshold is very dependent on State they reside. There is no concise blanket answer. Consult with an well versed eldercare attorney is strongly advised. BTW, The attorney fee is an allowable spend down expense if the need for Medicaid LTC arises for every state.

This is the AI generated answer but again this is geared to NYS and many factors influence an answer. "These are results for what asset threshold for two spouses applying for Medicaid long term care at same time in New york
Search instead for what asset threshold for two spouses applying for Mediciad long term care at same time in New york


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In order to qualify for Medicaid coverage for long term care, a single applicant may only have $30,182 of total assets. If a couple is applying for long term care coverage, the couple may have total combined assets of $40,821."
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Reply to AMZebbC
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You need to talk to an Elder Lawyer versed in Medicaid. Being a couple someone has to be in charge of their finances a POA for each of them. Not sure if in this case assets need to be split. Any assets they have need to be used for their care.
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Reply to JoAnn29
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Do they have a will and a power of attorney overseeing their finances? That’s the first step in knowing what will happen. Depending on how much they have in assets and how long they are in care, there may or may not be assets left at their end of life
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Reply to Daughterof1930
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