Kane & Crowell, Attorneys At Law

The official blog of Kane & Crowell, PLLC, Attorneys At Law located in Lebanon, Tennessee Law Office.
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Annuities and the Annuitizing Process

TennCare/Medicaid treats annuities in one of two ways: 1. Income or 2. Resource. In a previous blog post, RETIREMENT ACCOUNTS OF THE COMMUNITY SPOUSE, we discussed that resources are either considered countable or exempt by TennCare/Medicaid. A TennCare/Medicaid applicant can transform an annuity, or retirement account, from a countable resource into an exempt resource.  However, the process to do this is both time and rule sensitive.

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