My sister lives with my mom, who has reached the stage where she needs to be in a full-time care facility. My mom owns the...Read more
If your aunt doesn’t need to apply for Medicaid benefits until more than five years after the gift, it doesn’t need to be reported. However, if she does need Medicaid-covered care before then you will have to establish that the payment was in exchange for the lodging and care you are providing. It is best that this be reflected in a written contract between you and your aunt, which should be drawn up by a local elder law attorney who knows the practices in your state.
For more on caregiving contracts, click here.
Local Elder Law Attorneys in Ashburn, VA
In practice since 1987, Fairfax Attorney Evan Farr is widely recognized as one of the leading Elder Law, Estate Planning, and Specials Needs attorneys in Virginia and one of foremost experts in the Country in the field of Medicaid Asset Protection and related Trusts. Evan Farr has been quoted or cited as an expert by n...
Loretta Morris Williams is a certified elder law attorney by the National Elder Law Foundation. Ms. Williams was admitted to the Council of Advanced Practitioners, National Academy of Elder Law Attorneys (NAELA) in 2012. She serves as President of the Virginia Academy of Elder Law Attorneys. Ms. Willia...
Medicaid Rules, etc