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I don't see any reason for them to gift it to you, they're still living there and are happy. Before Medicaid tightened the rules and came up with a look-back period, I think elderly parents and their families were trying to reduce their assets down so they could qualify for Medicaid nursing home coverage. I hope your parents live a good long time, and they stay in their home as long as they can. I've not been a happy camper with the assisted living route experience for my parent.
‎April 11, 2022
5:42 PM