Can A Nursing Home Take Money That Was Gifted To Someone With In 5 Years Of The Gift at Lara Eve blog

Can A Nursing Home Take Money That Was Gifted To Someone With In 5 Years Of The Gift. The answer to your question is the family would suffer if your mother needed a nursing home placement and had gifted away money before applying for medicaid. For individuals applying for medicaid (also called masshealth) to pay for nursing home care, you must provide information about gifts made within the past five years. “is it true that under current medicaid laws, a parent cannot make financial gifts to their children or others once they have entered the nursing home?”. The family would have to come up with enough money to pay the nursing home bill until the penalty was reached.

Can a Nursing Home Take Your House?
from www.fiffiklaw.com

The answer to your question is the family would suffer if your mother needed a nursing home placement and had gifted away money before applying for medicaid. For individuals applying for medicaid (also called masshealth) to pay for nursing home care, you must provide information about gifts made within the past five years. The family would have to come up with enough money to pay the nursing home bill until the penalty was reached. “is it true that under current medicaid laws, a parent cannot make financial gifts to their children or others once they have entered the nursing home?”.

Can a Nursing Home Take Your House?

Can A Nursing Home Take Money That Was Gifted To Someone With In 5 Years Of The Gift The answer to your question is the family would suffer if your mother needed a nursing home placement and had gifted away money before applying for medicaid. “is it true that under current medicaid laws, a parent cannot make financial gifts to their children or others once they have entered the nursing home?”. For individuals applying for medicaid (also called masshealth) to pay for nursing home care, you must provide information about gifts made within the past five years. The answer to your question is the family would suffer if your mother needed a nursing home placement and had gifted away money before applying for medicaid. The family would have to come up with enough money to pay the nursing home bill until the penalty was reached.

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