Transfer of Assets in Medicaid/Nursing Home Issues

This memo addresses some of the issues involved in transferring assets, typically from a parent to one or more children, in the hope that the parent will be eligible for Medicaid assistance for nursing home care. It is beyond the scope of this memo to discuss all of the details and ramifications of federal and state laws and regulations in order to determine eligibility. Rather, it is the point of this memo to discuss some of the consequences relating to such transfers, which should be considered by persons desiring to make such transfers.

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