Medicaid and a quit claim deed.
OK, dad "quit-claimed" his house to my sister and I over 10 years ago, and we just put him in a NH this July and applied for Medicaid. Since it is over the 5 year look-back, does that mean Medicaid cannot "count" the house as an asset? After he passes, will Medicaid try and collect any money? Besides this house (which is currently for sale) what if anything, can Medicaid charge us? Dad has no other income except Pension/SS which we are paying to the NH.