Medicaid Attorney in New York, New York

Can making a gift before applying to Medicaid save assets?

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it depends on when the gift is made so

if it’s made if you’re looking to go

into a nursing home and you’re making

that gift aka that transfer

within five years of being taken into a

long-term care facility they can still

claw back a portion of that gift

depending on when it was made if it was

made outside of that five-year window

generally it’s safe

NY estates planning & probate attorney Russel Morgan, Esq. explains how making a gift before applying to Medicaid can save assets.

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