Can an ALTCS/Medicaid applicant purchase a new home, car, home furnishings or prepaid burial arrangements?
Yes. Available resources can easily be made unavailable by purchasing exempt assets. Of course, the applicant may then have difficulty paying the upkeep on a larger home, for example. Furthermore, the estate recovery program will result in the larger home being sold and the proceeds repaid to the ALTCS program in many cases. In other words, though eligibility may be easy to establish there may be additional problems with this simple approach. In some cases, however, such purchases can be very effective in establishing ALTCS/Medicaid eligibility.
