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Merging Parcels for Medi-Cal Purposes
Posted: Tue Dec 21, 2021 4:05 pm
by Robert Martin
Is this normal? I'm being told that a person may not qualify for medi-cal if he/she owns a vacant lot next to their home, so they are pursuing a lot merger. I have merged lots of parcels in the past, for lots of different reasons, but not this one. Is that only because I live (and work) under a rock?
Thanks,
Re: Merging Parcels for Medi-Cal Purposes
Posted: Tue Dec 21, 2021 4:55 pm
by CBarrett
I don't know medi-cal rules themselves, but I do know that anything beyond primary residence is usually looked at as investment type of an asset, and subject to many different legal and tax rules, so I would not be surprised.
Re: Merging Parcels for Medi-Cal Purposes
Posted: Tue Dec 21, 2021 5:04 pm
by William Magee
CBarrett is on target. To qualify for Medi-Cal a person has to prove their asset ownership is small, homes are exempt from the asset count, but vacant land is not.
Re: Merging Parcels for Medi-Cal Purposes
Posted: Tue Dec 21, 2021 6:29 pm
by SPMPLS
William Magee wrote: Tue Dec 21, 2021 5:04 pm
CBarrett is on target. To qualify for Medi-Cal a person has to prove their asset ownership is small, homes are exempt from the asset count, but vacant land is not.
Mr. Magee, We have missed you around here. Nice to see you back.