1. Assets that are gifted to children or other beneficiaries will not be considered for Medicaid purposes if they were gifted 3 years prior to the application for Medicaid benefits. T/F

2. A durable power of attorney allows the attorney in fact to manage assets according to the enumerated powers both during the creators lifetime or following the his death. T/F

3. A durable power of attorney will be terminated at the principals disability or incapacity. T/F