Will Medicaid allow gifting to grand children to reduce assets?
My mom recently had an annuity that matured and she elected to cash it out and give it to her two grandchildren. Recently she fell and is not able to care for her self so my brother and I are considering having her go to a foster home/nursing home situation. Aside from her house, she has assets to sustain this for about 8-12 months. How will Medicaid look at the gifts to her grandchildren?