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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Ill spouse qualifies for medicaid after 50% of the couple's assets are spent for their care. No need to divorce. If 505 left for you isn't enough for you, that's being kind of awful.[/quote]

So, you want OP (presumably the wife, who will left alone to take care of the innocent child / children), to just needlessly piss-away 50 % of the “couples assets” (maybe including 50% of the 529 for the kids college) and only then apply for Medicaid ?

How does that make any sense for her?

If I had a cancer diagnosis right now,  I’d immediately begin to think only about what’s financially best for my wife and kids after I’m gone.  If that means divorce, then of course I’d do that for my family.  It is their best interest that matters most.[/quote]

First, one solution here is to get cancer insurance or critical insurance, to pay any bills the health insurance doesn’t pay.

Second, the practical problem with just going on Medicaid intentionally is that, if the former spouse is trying to cart you around to appointments and visit you, life might be hard, because you’ll be stuck going to random places at the most inconvenient possible hours. Consumer Reports types used to very hostile toward critical insurance, but it prevents this sort of annoyance.

Another idea is to have enough life insurance that you can afford to pull out some of the befits early if you become terminally ill  that won’t work if you’re underinsured, but it’s rest if you can use some cash while alive and still leave a decent amount of benefits for the spouse. [/quote]

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