How does Medicaid look at joined owned savings bonds?
I am confused about how Medicaid looks at US Savings Bonds as an asset. Mom has around $10,000 is Savings Bonds and both of our names are on them. I thought that Medicaid would consider the entire $10,000 as an asset she would need to spend down. Bot someone recently told me that, since both of our names are on the bonds, Medicaid only counts half their value, i.e. $5,000. Does anyone have any experience with this? Many thanks!