Is the conveyance of a Lady Bird deed an improper gift if made during the Medicaid “look-back” period?
When applying for Medicaid, the government will review transfers the applicant made during a so-called “look-back” period, which includes the assets you’ve given away during the previous years. Giving away property to relatives and loved ones could compromise your eligibility for receiving benefits. However, by signing a Lady Bird deed, you are not required to disclose these transfers to Medicaid.
Recommended Posts