View Single Post
  #24  
Old 08-29-2006, 11:17 AM
PinkandGreenJ PinkandGreenJ is offline
GreekChat Member
 
Join Date: Aug 2006
Location: Charlotte
Posts: 99
Medicaid/Medicare laws are changing. There is a lookback provision that looks at the assets you had and transferred within a certain amount of time before you used thos ebenefits for a home. You may be assessed a tax or payments then.

Don't worry, GC isn't the only place where people thought of this and the problem is/has been addressed. This is not to say there aren't ways around the system but there are penalties for assisting with that too.
Reply With Quote