My parents gifted a property to me and my daughter which was recorded at courthouse and now are both deceased. my parents both applied for Medicaid and now i am needed to do a Merp, why? if the property is listed at the courthouse that i am the owner, i have been paying the taxes and when the applications were filled out for Medicaid, my parents always answered no,property involved. what can i do as i want to do a will/testament and i am being told that i need to fill out the merp. also what is the chances that i get penalized or in case i want to pass this property to my daughter.