Qualifying for Florida Nursing Home Medicaid with Joint Assets

Can my Parent Qualify for Florida Nursing Home Medicaid if he or she has joint assets?

by Kellen Bryant

Today I’m going to answer the question, “Can my parent qualify for Florida Nursing Home Medicaid if he or she has joint assets?”

In order to answer this question and the concerns that can happen here, we have to address three important questions about the joint account:

  1. Who is the joint account owner?
  2. Who is the original source of the money of the joint account?
  3. What was purchased out of that joint account during its history?

To watch this video from my youtube channel, click here. 

Let’s break down each question and the problems that can happen with Florida nursing home Medicaid qualification and joint accounts.

Who is the joint account with?

If it’s a husband and wife joint account, we kind of look at this differently because it’s the joint spouse’s accounts. The laws look at the family husband and wife unit differently than compared to the parent-child. There are rules benefiting the husband and wife, but the parent and child have a different set of rules that are governed by.

Both the husband and wife can spend and transfer money out of a joint (or even solo) account without any big issues from Medicaid.

Parent-child is another story.

Who is the joint account owner?

So we can actually move assets between spouses without much of an issue in Florida Medicaid, but as you go down between the second level, parent to child, then there is some other rules that restrict the movement of assets that way. That’s the first concern about nursing home Medicaid qualification in Florida.

We can get in trouble when we were going from parent to child on a joint account. That’s the primary issue that can affect eligibility.  The child should not spend money on his or herself.  Florida Medicaid laws have a problem with this.

Who is the source of the money?

If we have created a problem because we have a joint account with a parent and child, we have something that we’re worried about, we want to look at who is the source of the money.

  • Did mom add son to the account for inheritance or convenience purposes?  Could be problematic.
  • Did son add a parent’s name on his account because he has no other beneficiaries?  Should not be an issue.

For example, it’s one thing if I name my child on there as a convenience sake because I might not be able to do my normal chores or errands.  My son is going to pick up prescriptions, buy groceries for me from a convenience account.

That means that money is my money, and Medicaid looks at it differently.  The money must be used for me, and not for my son’s lifestyle.

If the money that is, say, a child’s money and they just add their parent on, but that’s the child’s money and then that’s the source of the money. Medicaid won’t dock the parent for just being added on to the account of their child. The parent doesn’t spend any money out of it, the parent might not have even known. Medicaid is usually pretty lax when it comes to that kind of joint account.

What was purchased out of the joint account?

If we’re on, again, we’re on a parent-child account. If the source of the money is the parent’s, and the child is spending things for himself, the child is using parent’s money to go buy things like video games or sports cars when the elderly parent can’t drive or can’t play video games, that’s going to be a problem. That’s what they’re looking at,

In any of these three questions that I’ve approached here, if it looks like the child or the person who doesn’t need the care is using that joint account for himself, then that’s going to be the problem in Medicaid.


Incorrectly paying bills out of a joint account with a parent can cause problems down the road with Florida Medicaid if the parent requires nursing home care.

If you are having more questions about Florida nursing home Medicaid qualifications, feel free to continue to watch the video on my youtube channel or you can visit my blog.

Previous post: