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Asked in OH May 18, 2022 ,  0 answers

in 2013 my parents made a revocable trust in 2016 they changed it to irrevocable trust now their health is declining they may need a facility , can medicaid get this money

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2 Answers

Anonymous
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Posted on / May 22, 2019 05:51:00

The assets may be counted to determine Medicaid eligibility since the transfer was made in 2016 and still within the 5 year look back period. I recommend that you seek a consultation with an attorney that practices in Elder Law and Medicaid Planning to see other planning options available for your parents.

Anonymous
Reply

Posted on / May 22, 2019 05:51:00

The assets may be counted to determine Medicaid eligibility since the transfer was made in 2016 and still within the 5 year look back period. I recommend that you seek a consultation with an attorney that practices in Elder Law and Medicaid Planning to see other planning options available for your parents.

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