Do you know if this would count as income for Medicad/SSI. I know it would be a resouce until spent but would it be counted as part of annual income.
Can you provide a link I could use for discussions with Medicaid?
I understand this $2000 resource limit and the effect of the gift until funds were spent but there is also an income limit. Would the gift count against the income limit?
Do I assume a loan rather than a gift would avoid this income problem. Funds would be spent immediately to pay back taxes and debts for estate inherited from mother thus would not result in resources over the limit