Teresa Kay Bowman's Answers

I have applied for medicaid and my parent have property in india so they denied medicaid to them so what should i do?

If the property is rented then the net income would be treated as income to them but the property could be excluded as an asset. You would need to present a copy of the rental agreement and report the income and expenses related to the property to Medicaid but this would give you time to sell the property (as mentioned in the previous answer).

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What fine or punishment is there for a elder being denied nursing home because he may apply for medicade

Nursing homes are licensed for a certain number of Medicare and Medicaid beds. They would prefer to fill beds with private pay patients or Medicare patients because they make more money. Most patients enter a nursing home come via the hospital and begin theirstay on Medicare which then can become Medicaid if the patient needs and qualifes for the benefit. Entering a facility as a "Medicaid Pending" patient can be hard because the facility must wait for payment and they have no guarantee that...

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Does a $20,000 cash gift by my mother 4 years ago have to be returned for nursing home costs now?

It would depend on the exact date of the transfer as the any penalty for this could have passed already. The implementation of the Deficit Reduction Act in 2006 changed the way gifts and the resulting penalties are treated. Each state then changed its state rules to comply with the changes in the federal law. If the transfer was made prior to Arizona's changes in the law then there is a good chance the penalty (4 months based on the amount gifted) would have passed and the gift does not need...

Care for elderly parents finances

Your father should see an attorney and have a durable power of attorney, health care directive, and simple will prepared. He can name someone (you if that is his wish) to manage his financial affairs and speak for him regarding health care in the event he cannot speak for himself. If you mother has capacity to understand the documents and what powers she is conveying then she too should ask that the same documents be prepared. This will ensure that someone of thier choosing has authority to...