Friday, December 13, 2013

Can a gift be considered transfer of assets and disqualify someone for Medicaid?

gift for her under 10
 on up during the summer, when a starving Grasshopper, his fiddle under ...
gift for her under 10 image



wpbgirl


My Grandfather-in-law wants to give us a gift for the down payment to purchase our first home (the gift would be under $10,000). However, he is 82 years old and we are concerned that this may be considered a "transfer of assets". Could this gift keep him from qualifying for Medicaid if he needs to go into a nursing home?


Answer
You get a maybe on that one. The state may be able to come after you if the gift was made to get his assets below Medicaid limits. If he stays in good health for the next several years the statute of limitations will run out on the transfer.

What is a good gift under 10$ for a 12year old girl?




lover24


Gift under 10$ for a girl that is 12? FOR CHRISTMAS...haha.


Answer
makeup..... accessories, nail polish, target giftcard, stuff from old navy, inexpensive jewelry, and maybe like a goldfish or something???????? idk




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