Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

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

Posted on: 22nd Sep, 2009 01:51 pm
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
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
Posted on: 22nd Sep, 2009 08:42 pm
Page loaded in 0.110 seconds.