I am on my children's savings and checking accounts. Will this be a problem with the Medicaid five-year look back period?
I am 54 years old. I am on my children's savings and checking account. They are 20 and 25 years old. The funds in their accounts are not a gift. It is their own money. Will there be a problem with the five year look back period. Should I take my name off their accounts? Just planning ahead for the future and do not want my kids to lose their money since I am on the accounts.