I received a lump some from a trust I inherited. Do I need to report this to Medicaid?
Starting off. My children and I are on Medicaid. The only reason I qualify is due to pregnancy Medicaid (I’m covered until a year pp) I make about 43k a year. I am going to start receiving an additional $1000 a month in income due to the trust. I am a beneficiary of the trust. I plan to report this. However, I was also given quite a lot of money from the trust to pay off student loans/ and credit card debt. Around $10,000. Do I need to report this? And if so, what documents would they need from me? I can obtain a letter from the people who distribute the trust fund money. Would this be enough? I want to make sure I am prepared. I would also like to state I am sure I won’t qualify anymore based on my income, but I do need to report the change and I want to make sure I have everything ready.
Posted Aug 7, 2025, 4:44 PM UTC