Will mom's Medicaid eligibility be affected if she gave me her share of a CD in 2008? - AgingCare.com

Will mom's Medicaid eligibility be affected if she gave me her share of a CD in 2008?

Follow
Share

My mom sold her house in 2005. She got a CD with both our names on it. In 2008 she gave me her share does this affect medicaid eligbility?

This question has been closed for answers. Ask a New Question.
Related
Articles
  • Applying for Medicaid for an aging parent can be tricky. One caregiver describes his personal experience navigating the system.
  • It can be difficult to determine whether certain assets count toward Medicaid's $2,000 limit. As always, classification of countable and exempt assets varies from state to state, but retirement accounts can complicate Medicaid planning even further.
  • MFP through Medicaid is a special program that helps seniors avoid being institutionalized. The grant money has allowed states to set up an infrastructure to determine which nursing home patients are most likely to benefit from a move from an institutional setting.
Related
Questions