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    snoens's Avatar
    snoens Posts: 2, Reputation: 1
    New Member
     
    #1

    Apr 12, 2008, 02:42 PM
    Medicaid and Gift Monies
    Hello there to all!
    I have a question about Medicaid that I'm hoping someone can answer for me. I am
    On Medicaid medical for two different disabilities. I have a chance to purchase a small home, but only can afford so much for a home. My dad has offered to give me a gift of money, so that I can afford this small home. I'm going through a Homestead and grant program, and they require that the money be in my checking acct fof at least 60 days.
    After I purchase the home, I will be next to broke again. Lol My question is, does anyone
    Know , if I put this money from my dad in my account for a short time, and for only
    This house buying purchase, what , if any, repercussion would there be from Medicaid?
    Who should I contact? I checked with my case worker, and she didn't know... I think she
    Should know, or be informed.
    Thank you for any help! Please take care! Thanks, snoens
    George_1950's Avatar
    George_1950 Posts: 3,099, Reputation: 236
    Ultra Member
     
    #2

    Apr 12, 2008, 03:13 PM
    Welcome to AMHD. You may want to review the attachment, especially the footnotes at the bottom of the page: Medicaid - Wikipedia, the free encyclopedia

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