Actually from what I have read on the the dhs site California has a 30 month look back still. The only hold out of thr Dra but could change at any time.
Lola, even if your friend's dad doesn't need to use Medicaid until past the 5 year look back, deeding a house to an adult child can create a profit gain issue for income taxes.
The basis for figuring out the capital gain would go all the way back to when the father had bought the house. When inheriting the house, the basis for figuring out the capital gain is what the house was worth on the day one inherited the house.
The basis for figuring out the capital gain would go all the way back to when the father had bought the house. When inheriting the house, the basis for figuring out the capital gain is what the house was worth on the day one inherited the house.