What can you prepay before Medical Assistance?

Payment of expenses is also another thing that can be done. So prepaying expenses if there are financial obligations that are coming up. Insurance, real estate taxes, income taxes, professional fees, paying a CPA or paying an attorney are all things that can be covered. And payment of debts is a huge one. If there is still a mortgage on a property, if there is consumer credit card debt or personal loans that are in existence after the couple or the individual is receiving medical assistance, there may be insufficient funds to continue to make the payments on those mortgages. Or it may be really beneficial to give the community spouse better cash flow by having paid off that mortgage in advance.

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