Can I Loan My Dad Money to Pay for His Nursing Home Until He Qualifies for Medicaid?
My dad currently lives in an adult family home. We spent down h...
Read moreYes. 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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My dad currently lives in an adult family home. We spent down h...
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Can a nursing home refuse to allow my family to transfer my father to another facility if I have power of attorney?...
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My 78-year-old mother wanted to gift her house to me, but I turned her down for Medicaid and tax reasons. She is maxed out...
Read moreMedicaid Rules, etc