Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I make a large gift to immediately qualify for Medi-Cal?

April 26, 2017gift immediately large Medi-Cal qualify

0

10 Posted

Can I make a large gift to immediately qualify for Medi-Cal?

1 Answer

0

10 Posted

A.Medi-Cal has strict regulations concerning asset transfers. Improper transfers may result in a significant “period of ineligibility” during which an individual cannot receive Medi-Cal benefits. Transfers can also have negative estate and capital gains tax ramifications. Legal advice should be obtained before making any transfers. Back to Top Q.