Frequently Asked Questions: Assets and property
Short, plain-language answers to common questions about assets and property in Long-Term Care Medicaid. Each answer links to a fuller guide.
Figures change periodically. Double-check current amounts before relying on them.
Questions
- Do pensions count toward the asset limit?
- Will my father’s IRA disqualify my mother?
- Can I put an IRA into a Medicaid asset protection trust?
- Is one car exempt?
- Do mobile homes or trailers count as assets?
- Does a timeshare count as an asset?
- Does cryptocurrency count as an asset?
- Do education savings (529) contributions affect eligibility?
- Does a personal injury settlement affect eligibility?
- How does rental property affect eligibility?
- Does Medicaid check my bank accounts?
- Are joint checking accounts counted?
- Does a reverse mortgage affect eligibility?
- Will my dad’s life insurance policy disqualify him?
Getting help
If your question is not answered here, our question form is open for general questions. For advice on your own situation, a Certified Medicaid Planner can help.
Last updated for 2026. General information only, not legal or financial advice. Medicaid Answers is a free educational resource published by Medicaid Answers Foundation.