QUESTION
Transfers of Assets Regarding Nursing Homes
Asked on Nov 22nd, 2013 on Estate Litigation - Ohio
More details to this question:
I am purchasing land from my mom so that she can have some cash to spend for living expenses. My mom is 78 and in fairly good health but if she needs to go into a nursing home withing the "5-Year Lookback" after the transaction can the nursing home take back that property if it was not a gift?
1 ANSWER
3 Awards
You need to consult with a local OH lawyer on this. GENERALLY, if the transfer for actual fair consideration, it should not exclude her from Medicaid eligibility. You should document everything now, so if called upon down the road in the Medicaid application process, you have your proof.
Answered on Nov 23rd, 2013 at 12:21 AM
William R. Pelger, Attorney Munhall, Pennsylvania 412-461-1900