Will transfer (or gifting) of assets result in denial of benefits?

Will transfer (or gifting) of assets result in denial of benefits?

The transfer of assets between spouses is always valid. However, if you transfer or sell an asset to someone other than your spouse, you must get fair market value for it, or you risk disqualification. Medicaid has three-year and five-year "look back" provisions (depending on the asset and how it was transferred). If you sell or transfer an asset for less than fair market value, the difference between the price and the value could be considered a disqualifying gift.

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