Follow
Share

She is 90 years old.

This question has been closed for answers. Ask a New Question.
Take the money and put it into a high yeild investment that you can drawn from if needed for her future care. That way no one has to worry about the look back, and if mom never needs it it will be worth more! Win win. But I would not split it now.. your returns will be better on the larger amount
Helpful Answer (0)
Report

If she gives it within 5 years of needing Medicaid she will have a penalty equal to $90,000. Private pay until satisfied, so don't do it my advice.
Helpful Answer (0)
Report

This question has been closed for answers. Ask a New Question.
Subscribe to
Our Newsletter