My Mom has alzheimer's and will need more care in the future(nursing home or in home care) My father is currently the primary caregiver. I spoke to a Madicaid specialist (Idaho)and was told that rental properties are not viewed by Medicaid as a "Countable Resource" If so, what prevents my father from doing what he wants with them and giving them to me?
I am aware of the MMNA income amounts allowed for the community spouse. And that giving away rental property may impact his amount. I have been managing the rentals for a year now because it is too hard for him. So part of the deal is that they would continue to provide a steady income to him.