Elder Law Answers
Can I Transfer My Father to Another Nursing Home Using a Power of Attorney?
Can a nursing home refuse to allow my family to transfer my father to another facility if I have power of attorney?...
Read moreCan I Gift My Father Money to Pay His Nursing Home Bills Until the Five-Year Lookback Period Is Over?
- August 27th, 2013
Q
My father gifted some rental real estate to me in the neighborhood of $350,000. I have come across the rules on the five-year lookback for Medicaid. My father has had some health problems in the past but he is doing well for now. If he should need to go into a nursing home before the five-year lookback period has ended, could I gift him the money to pay his nursing home bills until the five-year period has ended and then after the five years has ended, he could apply for Medicaid coverage?
A
Yes. Once five years has passed, Medicaid will no longer consider the gift. If your father is otherwise eligible for benefits and needs coverage, he can then apply without the transfer to you being a problem.
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Jeffrey Hammond
Hammond and Associates, LLC, Elder Law, Estate Planning, Wills, Trusts, Probate
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Jeffrey Hammond
Hammond and Associates, LLC, Elder Law, Estate Planning, Wills, Trusts, Probate
For Jeffrey Hammond, the practice of Elder Law is personal. Jeff’s many years of experience in law and in business did not prepare him for the crisis he faced in 2005 and 2006 when his father suffered a stroke and both of his parents suffered from dementia and other medical problems. At that time, Jeff began an i...
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Judith Mtinick is well known for acting as a guardian, conservator, trustee or agent on behalf of clients or by court appointment. This experience gives her a wide perspective and extensive practical knowledge that she uses when advising clients in drafting their planning documents. Her experience, as a court appointed...
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