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#1
02-10-2004, 11:58 AM
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 Re: Medicaid Planning "Michael T Wing CPA" <mtwingcpa[at]yahoo.com> wrote in message news:c097q9$13qq4j$1[at]ID-42614.news.uni-berlin.de... - quote - > Olds77[at]webtv.net <Olds77[at]webtv.net> wrote: > > My name has > > been on the brokerage account as ROS with my dads for some 5 > > years. I am on SSI and a good portion of this is mine as I am > > not able to have it in my own name. If my either one of my > > parents went into a nursing home would this money be taken > > before my parents could qualify for medicaid ?? > My sincere apologies if I have misunderstood your message. But, > am I to understand that you are already cheating on SSI, and now > you want advice as to how to cheat on Medicaid as well ??? That appears to be what he's asking. You give people money, and they want to steal more. Damned shame isn't it? ======================================= MODERATOR'S COMMENT: Please limit future comments to financial planning issues. |
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02-09-2004, 11:53 PM
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| Re: Medicaid Planning Olds77[at]webtv.net <Olds77[at]webtv.net> wrote: - quote - > My name has
My sincere apologies if I have misunderstood your message. But,> been on the brokerage account as ROS with my dads for some 5 > years. I am on SSI and a good portion of this is mine as I am > not able to have it in my own name. If my either one of my > parents went into a nursing home would this money be taken > before my parents could qualify for medicaid ?? am I to understand that you are already cheating on SSI, and now you want advice as to how to cheat on Medicaid as well ??? As JFK used to say, "Ask NOT what your country can do for you..." MTW |
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#-1
02-09-2004, 10:50 PM
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| Medicaid Planning I understand that there is a look back period of 3 years as to parent giving of their assets to their children. This as to whether medicaid well pay for an elderly person going into a nursing home. My parents have a $60,000 condo and 43,000 in a brokerage account and small checking account. My name has been on the brokerage account as ROS with my dads for some 5 years. I am on SSI and a good portion of this is mine as I am not able to have it in my own name. If my either one of my parents went into a nursing home would this money be taken before my parents could gualify for medicaid ?? Randy |
| Tags |
| medicaid, planning |
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