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Melanie is 83 years of age and a widow. Melanie made transfers of $12,000 to each of her two children seven years ago, four years
Melanie is 83 years of age and a widow. Melanie made transfers of $12,000 to each of her two children seven years ago, four years ago, and one year ago. The average cost of nursing home care in Melanies state is $6,000 per month. Melanie had $62,000 of assets when she applied for and entered a nursing home where the costs are approximately the state average. When will Melanie most likely be eligible for Medicaid payment of her nursing home care?
A. | 10 months | |
B. | 11 months | |
C. | 18 months | |
D. | 60 months |
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