Unfortunately, if you give away property you cannot control what the person who receives the gift does with that property. A gift belongs to the person that the gift is given to and they can do whatever they want with the property. There are some alternatives to outright gifts that may be safer than simply giving away your property. The property can be placed in an irrevocable trust, which can be drafted with restrictions on the use of the property. Depending on the type of asset, you may be able to use a revocable life estate deed, which would allow you to maintain control over the property. Outright gifts have other disadvantages too. If the assets have appreciated in value since you've owned them, your daughter may have to pay capital gains tax on the property when she sells it. This is because she will have the same cost basis in the property that you have. However, if she inherits the property from you at your death, she will receive a "step-up" in the value to the current fair market value. In addition, by giving the assets to your daughter, you will expose the assets to her creditors. If she files for bankruptcy, goes through a divorce, gets into a car accident and has large medical bills, the assets that you gifted to her will now be subject to her creditors. I recommend that you speak with an elder law attorney before you make any gifts of your property so that you can make an informed decision.
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Putting aside the use of certain types of trusts, no, once you give away property it is gone. By definition, a gift consists of intent to make a gift plus delivery. Delivery can be incomplete but once it is complete it is done. The recipient is free to do whatever they like with it. That is the nature of ownership.
It is good that you are seeking counsel first for this plan, because it is an area fraught with misconceptions, schemes, misinformation, and serious potential consequences.
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My colleagues have given you sound advice. I would add only the following:
You have told us that you "are not interested in home exemptions, trusts, etc..." My hope is that when you do go to an elder law attorney, you will keep an open mind regarding the options that the attorney presents to you. We do have ways to help people that even a well-researched layperson such as yourself may not know. That's why we are in business doing what we're doing.
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You have a great question. If the gift is outright and without any reservation of rights for you, it is a completed gift, and your daughter can do anything she wants (it is also subject to her creditors and risks of loss). If you have reserved rights, it may not be a completed gift (and might still be countable for the purposes of Medicaid qualification). I hope you will see the elder lawyer with whom you plan to consult sooner rather than later. The earlier this trusted advisor is in the loop, the better for you. You should do nothing involving the transfer of assets without first consulting with your attorney. Best of luck to you!