WILL A SPEND DOWN SAVE YOUR CLIENT’S BENEFITS?

Medi-Cal) and/or Supplemental Security Income (SSI), assets are typically limited to $2,000 for individuals or $3,000 for a married couple. For those on public benefits who receive a settlement, a special needs trust may help protect those benefits. However, in some cases, a spend down might be a better option. Special Needs Trust vs. Spend…