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Can you get a 10000 gift from parent prior to them going into a nursing home?
Wiki User
∙ 14y ago
The parent would be ineligible for Medicaid payment to the nursing home (but not ineligible for other medical services) beginning with the month the gift was made and for the number of months the amount of the gift would have paid for nursing home care at the private pay rate - i.e., gift was made in May, gift = $10,000, private pay rate = $2,500; patient is ineligible for four months, May, June, July and August.
Wiki User
∙ 14y ago
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