Best Probate Attorneys in Lakewood, OH

Assets, crucial for Ohio Medicaid eligibility, encompass valuable possessions contributing to your wealth. Typically, an asset must hold economic value and potential future benefit to be counted. For instance, land purchased as an investment generates revenue and is likely counted by Medicaid due to its potential resale value. Various properties, like land, fit this category, underlining the importance of understanding asset criteria for Medicaid application in Ohio. Many different kinds of property fall into this category, such as: - Real estate - Annuities - Stocks, bonds, and commodities - Cash - Some personal property, such as jewelry and cars For more information about elder care and estate planning, contact The Kabb Law Firm today by calling or visiting our website at the link below.