Certified Senior Advisor (CSA) Practice Test

Question: 1 / 400

Which asset transfer does not create ineligibility for Medicaid during the look-back period?

Transferring assets into a family trust.

Transferring the family home to the applicant's spouse.

Transferring the family home to the applicant's spouse does not create ineligibility for Medicaid during the look-back period because Medicaid rules allow for certain asset transfers between spouses without penalties. This is guided by the principle of spousal protection, which ensures that one spouse can maintain ownership of the home and other essential assets to support their living arrangement while the other spouse may be applying for Medicaid benefits. Since the other options involve transfers that do not fall under this spousal protection rule, they may result in penalties and a period of ineligibility for Medicaid. Thus, the transfer to a spouse is a recognized and safe strategy within Medicaid asset management.

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Gifting stock to a sibling.

Adding an adult child as joint owner of the home.

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