Treatment of After-Acquired Assets

Treatment of After-Acquired Assets

What about the treatment of After-Acquired Assets is an often asked question by all our Community (well) Spouse Medi-Cal clients. In other words, can the well spouse keep or receive assets independently of the Medi-Cal after the Medi-Cal eligibility has been established? All County Welfare Directors Letter (ACWDL) No. 99-29 states that the community spouse’s resources are considered at the time of initial eligibility. Afterwards, any newly acquired property of the community spouse may not be considered available to the institutionalized spouse.

For example, eligibility may be established in January for Mr. Jones. In February, Mrs. Jones may inherit $500,000. Even though her assets substantially exceed the allowable CSRA (Community Spouse Resource Allowance), the elgibility of Mr. Jones may not be re-examined. Her assets are safe. However, if Mr. Jones were to inherit this money, the result would be very different. His assets would then exceed $2,000 and Mrs. Jones would face the loss of eligibility with regard to her husband.

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