Medicaid FAQS -

Yes, it is possible without proper planning. Using the proper legal instruments can avoid benefit recapture.

For the past year I have been living with mom in her house. She is now going into a nursing home. Can she go on Medicaid if I am still living in the home?

Yes, however certain precautions should be taken to avoid benefit recapture.

- What are some of the rules about “Gifting” and still qualifying for Texas Medicaid?

This can be tricky. Please check with us before any gift is made.

Do we have to “spend down” all of mom or dad assets in order to qualify for nursing home Medicaid?

This is a myth with proper planning the “Medicaid Spend down” can be avoided.

Please see our Medicaid Income and Asset Limit Overview page or click here.

My CPA says that someone can gift $14,000 a year to family members and it doesn’t count against them. Is this true for Texas Medicaid?

The simple answer is no. Your CPA is referring to the IRS regulations on gifting. This does not pertain to Medicaid rules.

Nursing homes can cost you anywhere from $48,000 to $84,000 per year.

Yes! At least 70% of people with spend some time in a nursing facility, but there might be other financial options.

We contacted our local Medicaid office and were told that we don’t qualify. Can you still help us?

Yes we can. Most people will qualify even if they exceed the income and asset levels with proper planning and putting the right tools into place.

Mom has already transferred her home into my name. Will that be a problem now or later on?

Yes, transfers of any assets are considered a gift and can create a decline or an elimination period.

Some requirements are situations specific. Call us for guidance in obtaining exactly what you need!

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