What Medicaid looks at are Bank Acct statements going back 5 years. They look for large discrepancies. They can see normal deposits and withdrawals, they are looking for something out of the ordinary. That could be 10k to put on a new roof, you may need to show proof of that. But that 10k you gave to a grandson towards a new car is a No No. That may need to be paid back or there's a penalty. Medicaid is tricky. It depends on individual circumstances. So, better you talk to a Medicaid caseworker when u have questions.
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What Medicaid looks at are Bank Acct statements going back 5 years. They look for large discrepancies. They can see normal deposits and withdrawals, they are looking for something out of the ordinary. That could be 10k to put on a new roof, you may need to show proof of that. But that 10k you gave to a grandson towards a new car is a No No. That may need to be paid back or there's a penalty. Medicaid is tricky. It depends on individual circumstances. So, better you talk to a Medicaid caseworker when u have questions.
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