Last year my mom gifted an ill-kept property that she and my dad had purchased from my grandmother for $1.00 to my niece. Since then she has had a mild stroke and my sister and I have been providing care. She's 90 yrs. old and I'm terrified that if she should have a more severe stroke she would be ineligible for Medicaid for four more years. How does Medicaid calculate the value of this gift, given it was in grave disrepair and originally purchased for only $1.00 Poor planning on our part but I didn't know anything about any of this Medicaid stuff at the time.