Can joint assets be transferred to the healthy spouse and still qualify for medicaid home care or nursing home care?
Asked on 11/24/10, 5:11 pm
1 Answer from Attorneys
Richard Bryan
Richard Bryan Attorney PC
Home care and nursing home care are two separate programs. You need to be very careful with asset transfers because the rules are just so complicated and there are so many other factors to consider when applying for assistance other than the asset transfer issue. What is the value of the assets; what type of assets; have there been prior transfers; what is the total net worth, and how much is "countable" as a resource for medicaid purposes.
Answered on 11/29/10, 6:00 pm
Related Questions & Answers
-
Regarding my mother's house that is now in mine and my sister's name - since mom is... Asked 11/21/10, 3:41 pm in United States New York Elder Law
-
My grandather died oct 2004. My grandfathers guardian was also the exector, who... Asked 11/17/10, 12:06 pm in United States New York Elder Law
-
My mother is elderly, frail and disabled. A few months ago she had an argument with... Asked 11/01/10, 9:43 pm in United States New York Elder Law
-
Can adult protective services 'force' someone to get visiting home care Asked 10/29/10, 1:33 am in United States New York Elder Law
-
5 years ago, my uncle had a heart attack. His girlfriend of 40 years was taken to a... Asked 10/04/10, 3:30 pm in United States New York Elder Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
