All of the following are ways in which assets may be transferred so that they will not
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Question:
All of the following are ways in which assets may be transferred so that they will not count as resources for Medicaid purposes except:
Assets gifted into a trust are not subject to look-back if made 60 months prior to applying for Medicaid.
Assets transferred from a revocable trust to another individual will be subject to a 60-month look-back.
Assets gifted to another are not subject to look-back if made 60 moths prior to applying for Medicaid.
Assets gifted to another are not subject to look-back if made 36 months prior to applying for Medicaid.
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
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