Will making gifts disqualify me from getting Medicaid?

Aug 2, 2018

Will making gifts disqualify me from getting Medicaid to pay for my nursing home costs?  Yes!!  Any uncompensated transfer within 5 years of applying for Medicaid could cause you to be denied Medicaid benefits.  Those transfers may be done by mistake: putting a child’s name on your deed, bank account or investments can be called a gift by Medicaid.  Another problem: even gifts to charities can disqualify you if made within that 5-year “look-back period”.  It is best to consult with an experienced ElderLaw attorney before making gifts.

-Attorney Jack N. Alpern

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