Exempt Transfers For Medicaid Eligibility

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Many people are aware that most gifts made within five years of applying for nursing home Medicaid benefits will result in a period of Medicaid ineligibility known as a "penalty period." This article discusses the types of "exempt" transfers that can be made during the look back period that do not result in the imposition of a penalty period.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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