Unfortunately, it's too late to gift. Any gift could be penalized by a period of ineligibility for Medicaid benefits. There are a few exceptions to this rule. One is that transfers may be made to a trust for the sole benefit of a disabled individual. If either you or your brother is disabled, you may be able to take advantage of this exception.
Comments
There are no comments for this post. Be the first and Add your Comment below.
Leave a Comment