E
everglade Asked October 2017
What's considered an asset to medicaid?
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Is property that's previously Quit Deeded to a relative considered an asset to Medicaid when a person qualifies for a Nursing home?
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2 Answers
Guestshopadmin Oct 2017
If the quit claim was never registered and transferred so that relative was paying property taxes and insurance, it's a red flag.
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freqflyer Oct 2017
Everglade, as for the Quit Claim deed, it all depends on when that change was made. If it was within the past 5 years, Medicaid might red flag it as a "gift".
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