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Article on Undermining Medicaid Eligibility

Medicaid trustsLawrence A. Frolik & Bernard A. Krooks recently published an Article entitled, Beware of Undermining Medicaid Eligibility: Take a Close Look at Transfers of Assets, Especially to Trusts, Tr. & Est. 8 (Jan. 2017). Provided below is a summary of the Article:

Medicaid eligibility disputes continue to result in interesting court decisions. In several cases, individuals who transferred assets years ago undermined their attempt to qualify for Medicaid reimbursement of the cost of their nursing home care. In particular, Medicaid applicants discovered the perils of transferring assets to a trust.