06/18/2025
Did you know that giving gifts can impact your eligibility for Medicaid?
While gift giving is a beautiful way to show love and generosity – it’s also something to approach carefully – especially when planning for long-term care. Medicaid has strict rules about how and when assets can be transferred without incurring a penalty, including gifts to family and friends.
Medicaid looks back 5 years at your financial history. If you gave away money or assets during that time – even as heartfelt gifts – it could delay or affect your ability to qualify for nursing home or long-term care benefits.
This doesn’t mean you shouldn’t give gifts! Smart planning is key, and working with a professional can help you plan wisely. Call Theander & Grimes, PLLC at (281)972-8488 for a consultation on Medicaid and gift giving today!