Medicaid Permitted Transfers

Medicaid Permitted Transfers

While most transfers are penalized with a period of Medicaid ineligibility, certain transfers are exempt from this sanction. Even after entering a nursing home, you may transfer any asset to the following without having to wait out a period of Medicaid ineligibility:

> Your spouse (but this may not help you become eligible since the same asset limit on both spouses’ assets will apply);
> A trust for the sole benefit of your child who is blind or permanently disabled — or, for the sole benefit of anyone under age 65 and permanently disabled.
In addition, you may transfer your home to those listed above, as well as to the following individuals:
> Your child who is under age 21 (rather unusual for nursing home residents);
> Your child who is blind or disabled (the house does not have to be in a trust);
> Your child who has lived in your home for at least two years prior to your moving to a nursing home — and, who provided you with care that allowed you to stay at home during that time (often referred to as the ‘caretaker’ child);
> A sibling who already has an equity interest in the house and who lived there for at least a year before you moved to a nursing home.  RLF

A note to our visitors

This website has updated its privacy policy in compliance with changes to European Union data protection law, for all members globally. We’ve also updated our Privacy Policy to give you more information about your rights and responsibilities with respect to your privacy and personal information. Please read this to review the updates about which cookies we use and what information we collect on our site. By continuing to use this site, you are agreeing to our updated privacy policy.

Scroll to Top