If I am in the nursing home, is it too late to give away my assets and qualify for Medicaid?
It is never too late to give away your assets to qualify for Medicaid.
In most scenarios, the person’s current situation determines whether it is legally possible to give away all assets and immediately qualify for Medicaid. Most people think once they are in the nursing home, they have to spend all their assets on the nursing home care until they meet the Medicaid criteria but it doesn’t work that way.
Even in the nursing home, an individual can carefully plan for Medicaid to help him/her meet up the criteria and qualify
Our attorney here at Walser Law can help you journey on ways to move your assets properly to preserve them to qualify.