05/28/2026
💡 Did you know your life insurance policy could affect Medicaid eligibility in Virginia? Many families are surprised to learn that certain policies, especially those with cash value, may count as assets during the Medicaid application process. Understanding the difference between term life and whole life insurance is an important part of protecting assets and planning for long-term care. Learn more: https://theheritagelawgroup.com/virginia-medicaid-how-does-medicaid-treat-life-insurance/