Speaker 1: No, you do not. Medicaid is a government program which is administered both by the federal government and the State of Florida. There are federal rules that must be followed but the state is allowed to have their own regulations, and they can be more liberal. Florida is a very liberal jurisdiction. There are many things that an elder law attorney can do to help shield your assets. So, no, in Florida you should never think that you have to spend down your assets.