Watch Your Language: Unavailable Resource

The primary classification of assets under the Medicaid rules is whether an asset is countable or non-countable. But there’s a special class of resources that is both countable and non-countable – an exception to the general rule: the unavailable resource.

Put simply, an unavailable resource is an asset that would normally be countable but is not treated that way because the facts and circumstances of a particular situation show that it cannot be sold by the Medicaid applicant for legal reasons. One example of an unavailable resource would be an interest in ongoing litigation. Unfortunately, this means that you have to assume all your countable resources are considered available.

If you think some of your countable resources should be unavailable, make sure you consult with our Medicaid planning attorney before you apply for Medicaid. Call us at (712) 737-3885 to get started!