Children of congress members do not have to pay back their college student loans
” What if I give it all away?” Questions and Answers about the Medicaid Transfer Rules in Connecticut (last updated )
*CAUTION* ALL TRANSFERS MADE 5 YEARS PRIOR TO APPLICATION, WHICH ARE NOT EXEMPT , MAY RESULT IN DENIAL OF ELIGIBILITY FOR A PERIOD OF TIME IF YOU HAVE MADE ANY GIFT OR PAYMENT TO ANOTHER PERSON, DO NOT APPLY FOR MEDICAID WITHIN 5 YEARS WITHOUT LEGAL ADVICE TRANSFEREE LIABILITY IN CT: (1) recipients of gifts subject to penalty are themselves potentially liable to the State for the donor’s cost of care (2) recipients of gifts, or powers of attorney, are likely exposed to lawsuits from unpaid providers
Also keep in mind that the law is always changing and that professionals may not be able to “guarantee” that things will work out as planned
Medicaid eligibility is a confusing and complex area of the law. If you are making a decision, or planning a course of action, because you think it will, or will not, “affect your eligibility for Medicaid” should you require long-term care, you should consult a professional from your own state, who is familiar with the local rules and agencies. Read more “Children of congress members do not have to pay back their college student loans”
