Because state law varies, I gather the Medicaid look back period can be for gifts from 3-5 years before the person starts receiving Medicaid benefits. Question: if an eventual Medicaid recipient gifts
real estate
say 2 years before he goes on Medicaid, HOW is the real estate valued and by whom?
So is it the value of the property when transfer was completed? At the time the person went ON Medicaid? Something else?
WHO does this--someone in the state government?
Is there an appeal for valuation?
What if the recipient can't pay all that value back--do they do payment plans?
What if the person SOLD the real estate and no longer has title?
Could this cause a bankruptcy for the recipient?
