Medicaid Asset Transfer Penalties

medicaid-transfersGifting away assets can cause serious problems when attempting to qualify for long-term care Medicaid. The punitive Medicaid asset transfer rules are one of the harshest and cruelest rules ever imposed by the government against its ailing seniors. An improper transfer can cause serious penalties that can leave a patient’s family scrambling to figure out how to cover the cost of long-term care.

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