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What is the name of your state? New York
My mother is 75 and in long term care nursing home. She qualified for Medicaid this year (2019) after going through a spend-down and her assets are well under $15,000
She wants to give her 11 grandchildren $100 each this Christmas.
1) Is that an issue?
She wanted to give all of us kids and spouses each $100 also (6 total). I told her it is not necessary and I think it may come back to bite her being on Medicaid.
2) Is there any issue, now that she is on Medicaid, on how she gives out cash gifts? She would like to give some money to non-family members, also.
My mother is 75 and in long term care nursing home. She qualified for Medicaid this year (2019) after going through a spend-down and her assets are well under $15,000
She wants to give her 11 grandchildren $100 each this Christmas.
1) Is that an issue?
She wanted to give all of us kids and spouses each $100 also (6 total). I told her it is not necessary and I think it may come back to bite her being on Medicaid.
2) Is there any issue, now that she is on Medicaid, on how she gives out cash gifts? She would like to give some money to non-family members, also.