Seemingly “Innocent” Transfers and Medicaid

payingforalzheimerscare
Brian Willie

Did you know that even seemingly innocent things like adding a son or daughter as a joint owner on an account can be viewed by Medicaid as a transfer of assets? We talked last time how transfers of assets for less than fair market value can create long periods of ineligibility. Well when most people think of transfers, they only think of the obvious-things like giving a loved one a gift of cash or giving them a car or maybe even transferring stock into their name.

But, even things like........read the whole post

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