While OBBBA offers attractive tax breaks for many, not everyone comes out ahead. Some provisions introduce new risks—especially for seniors, Medi-Cal recipients, and families with complex assets.
Key Hidden Risks:
- Medi-Cal Funding Cuts and Asset Rules
OBBBA slashes federal Medicaid funding, leading California to reassert asset limitations ($2,000–$130,000 in countable assets). This could impact seniors with brokerage accounts, IRAs, annuities, or multiple properties—potentially disqualifying them from benefits
August Cup of Knowledge Present… - Work Requirements for Medicaid Recipients Under 65
Those receiving benefits under age 65 may face new work requirements, adding administrative complexity for families providing care. - Planning Pressure for Seniors and Disabled Individuals
What’s “beautiful” for wealthy families can be “ugly” for seniors who rely on Medi-Cal. Failure to adapt estate plans could leave families vulnerable to benefit loss, liens, or unplanned spend-downs.
Why This Matters:
Families must review Medi-Cal eligibility strategies, reconsider asset titling, and explore trust planning to preserve benefits while complying with the new rules.
Call our office at (949) 333-3702 to schedule a Trust Review Meeting to ensure your family’s plan protects your loved ones under OBBBA’s new rules.
