Transfer Of Your Home And Medicaid Eligibility

Share This Post


Medicaid is a critical program that provides healthcare coverage to eligible individuals with limited financial resources. For many residents of New York, their home is one of their most significant assets. Therefore, understanding the complexities of transferring your home and its impact on Medicaid eligibility is essential.

Medicaid Eligibility in New York

Before delving into the specifics of home transfers, it’s crucial to have a solid grasp of Medicaid eligibility criteria in New York. Medicaid eligibility is determined by factors such as income, assets, and specific categories of need. Here are some key points:

1. Income Limits

New York’s Medicaid program sets income limits based on family size and the specific Medicaid category. Income includes wages, Social Security benefits, pensions, and other sources of financial support.

2. Asset Limits

Asset limits vary depending on whether you’re applying for Medicaid as an individual or a couple. Countable assets include cash, bank accounts, investments, and real property, including your home.

3. Home Equity

For many individuals, their home is their most valuable asset. In New York, as of [current year], the equity limit for a primary residence is $[current equity limit]. This means that the equity you have in your home can significantly impact your Medicaid eligibility.

Transferring Your Home

Transferring your home can have significant implications for Medicaid eligibility. It’s essential to understand the various aspects involved in this process:

1. Types of Home Transfers

There are different methods of transferring your home, each with its own set of consequences. Common methods include gifting the home, transferring it to an irrevocable trust, or selling it. It’s crucial to understand the Medicaid impact of each option.

2. Look-Back Period

Medicaid has a “look-back period” during which any asset transfers are scrutinized. In New York, this period is currently set at [number of months]. Transfers made during this period can result in a penalty and a period of Medicaid ineligibility.

3. Exemptions and Safe Transfers

Some transfers are exempt from Medicaid scrutiny. For instance, transferring your home to a spouse or a disabled child typically doesn’t trigger a penalty. However, these exemptions have specific rules and requirements.

Impact on Medicaid Eligibility

Transferring your home can affect your Medicaid eligibility in several ways:

1. Ineligibility Period

If you make a non-exempt transfer during the look-back period, you may face a period of Medicaid ineligibility. The length of this period is determined by the value of the transfer.

2. Planning Strategies

Effective Medicaid planning can help you navigate home transfers while minimizing the risk of ineligibility. Strategies may include utilizing certain types of trusts or making exempt transfers within the bounds of the law.

Consulting with an Attorney

Given the intricacies of Medicaid rules and the potential impact of home transfers, it’s highly advisable to consult with an experienced elder law attorney. An attorney can provide personalized guidance and help you make informed decisions to protect your assets while maintaining Medicaid eligibility.


Transferring your home and understanding its implications on Medicaid eligibility in New York is a complex process. While asset protection is important, it’s equally crucial to comply with Medicaid regulations. Seeking legal counsel from professionals like Morgan Legal Group P.C. can help ensure you make well-informed decisions that align with your long-term healthcare and financial goals.

DISCLAIMER: The information provided in this blog is for informational purposes only and should not be considered legal advice. The content of this blog may not reflect the most current legal developments. No attorney-client relationship is formed by reading this blog or contacting Morgan Legal Group PLLP.

Got a Problem? Consult With Us

For Assistance, Please Give us a call or schedule a virtual appointment.
Estate Planning New York Lawyer Estate Planning Miami Lawyer Estate Planning Lawyer NYC Miami Lawyer Near Me Estate Planning Lawyer Florida Near Me Dental Near Me Lawyers Probate Lawyer Hallandale Beach Probate Lawyer Near Miami Estate Planning Lawyer Near Miami Estate Planning Attorney Near Miami Probate Attorney Near Miami Best Probate Attorney Miami Best Probate Lawyer Miami Best Estate Planning Lawyer Miami Best Estate Planning Attorney Miami Best Estate Planning Attorney Hollywood Florida Estate Planning Lawyer Palm Beach Florida Estate Planning Attorney Palm Beach Immigration Miami Lawyer Estate Planning lawyer Miami Local Lawyer Florida Florida Attorneys Near Me Probate Key West Florida Estate Planning Key West Florida Will and Trust Key West Florida local lawyer local lawyer mag local lawyer magazine local lawyer local lawyer elite attorney magelite attorney magazineestate planning miami lawyer estate planning miami lawyers estate planning miami attorney probate miami attorney probate miami lawyers near me lawyer miami probate lawyer miami estate lawyer miami estate planning lawyer boca ratonestate planning lawyers palm beach estate planning lawyers boca raton estate planning attorney boca raton estate planning attorneys boca raton estate planning attorneys palm beach estate planning attorney palm beach estate planning attorney west palm beach estate planning attorneys west palm beach west palm beach estate planning attorneys west palm beach estate planning attorney west palm beach estate planning lawyers boca raton estate planning lawyers boca raton probate lawyers west palm beach probate lawyer west palm beach probate lawyers palm beach probate lawyersboca raton probate lawyers probate lawyers boca raton probate lawyer boca raton Probate Lawyer Probate Lawyer Probate Lawyer Probate Lawyer Probate Lawyer Probate Lawyer best probate attorney Florida best probate attorneys Florida best probate lawyer Florida best probate lawyers palm beach estate lawyer palm beach estate planning lawyer fort lauderdale estate planning lawyer in miami estate planning north miami Florida estate planning attorneys florida lawyers near mefort lauderdale local attorneys miami estate planning law miami estate planning lawyers miami lawyer near me probate miami lawyer probate palm beach Florida trust and estate palm beach Miami estate law Estate lawyers in Miami