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Sale of home & money given to children--Medicaid recovery

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barbara2416@att.net Guest	Posted: Tue Sep 22, 2009 1:51 pm    Post subject: Sale of home & money given to children--Medicaid recover TEXAS 86 y/o sells home and gives the funds to her family as a gift: Will MCD contact the family to recover the money from the sale of the home? What happens if the family members spend the money given to them? Can the family's money inplace prior to gift be attached by MCD? barbara2416 _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
jameshogg Joined: 20 Dec 2005 Posts: 4291 Location: nevada 509.34 Dollars($)	Posted: Tue Sep 22, 2009 8:42 pm    Post subject: Hi barbara, Your query has been answered in the given page: http://www.mortgagefit.com/propertytransfer/sellhome-medicaid.html Take a look at it. I hope it'll help you. Thanks

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