My husband has no assets in his name; everything is in my name. His only income is Social Security. He has long-term care insurance that will last approximately six years. Would he be eligible for Medicaid at that point? (And are my assets protected?)


It depends on how much you have. If you have a house, that’s protected. Your other assets are limited to about $150,000 (though some states only allow the spouse to keep half the combined marital assets up to $150,000). If you have more than $150,000 in assets other than your home, you may want to consult with a local elder law attorney. However, given your husband’s excellent long-term care insurance policy, there’s no rush to do so (assuming the rest of your estate planning is in order).

Read more about Medicaid’s protections for spouses in this article.