15 Feb What happens to Medicaid if mom gifts her IRA to her kids?
There is a five-year period where Medicaid will look at your finances....
There is a five-year period where Medicaid will look at your finances....
Under certain circumstances. Medicaid must recover funds from beneficiaries....
Your income and assets matter depending on the Medicaid benefit. ...
Funds from settlements can be recovered in certain circumstances....
Certain assets are considered "countable" for Medicaid purposes....
Medicaid rules about assets are very strict, so be prepared....
There are income limits before you can qualify for Medicaid. ...
The agency will try to recover funds in many circumstances....
There are exceptions to Medicaid recovery rules. ...
Medicaid has strict income and asset limits. ...