Medicaid is a government health insurance program for people who have very limited financial resources. In California, the program is called Medi-Cal. You do not have to be disabled to qualify for Medicaid, but many people with special needs are unable to earn much income. As a result, they qualify for Medicaid or Medi-Cal, and this coverage is extremely important for people with disabilities. The acronym SSI stands for Supplemental Security Income. As the name would suggest, this is a government program that provides an ongoing source of income for disabled people who are not in a position to earn much on their own. Financial Status To qualify for these programs, you must be able to demonstrate a significant level of financial need. If you apply for benefits on a given day, your financial status at that time is going to be used to determine your eligibility. You may be approved at that time, but your eligibility could be forfeited if your financial status was to improve. Estate Plann
http://www.norcalplanners.com/blog/special-needs-planning/medicaid-ssi-special-trusts/
Medicaid (Medi-Cal), SSI, and Special Needs Trusts
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