How Much Life Insurance Can I Have And Still Qualify For Medicaid? 
That is an excellent question ! This is one of those questions that are really best answered by tax attorneys , and Medicaid experts . That said , there are legal limits , and ways to take money out of the countable pile that Medicaid will look at . There are companies that write funeral trust plans that are in most cases exempt from the limit , but once you 've put your money into one , you can not touch it for any reason but your funeral . Talk to your attorney , and Medicaid people in your State first , okay ? Thanks for asking ! 