Title: Medicaid Caregiver Child Exemption for Home Transfers
Headings: Caregiver Child Exemption: Transfer the Home to Children without Medicaid Penalty
Caregiver Child Exemption: Transfer the Home to Children without Medicaid Penalty
Definitions
What is the Caregiver Child Exemption?
What Defines a "Child"
What Defines a "Home"
What Defines "Providing Care"
Eligibility and Qualifying
Documentation
Scenarios for Qualification
Benefits
Transferring the Home
Types of Transfers
Tax Consequences
Common Questions
Is advance planning required?
What happens if the elderly individual passes during the two year caregiving period?
Can the elderly parent and adult child move homes during the two year period?
How to Begin / Learn More

Content: The home would otherwise have to be sold and the proceeds used to pay for nursing home / assisted living care. To qualify for the Caregiver Child Exception, the caregiver child must live in the home with his or her parent for at least two years immediately prior to the parent’s admittance to a nursing home or assisted living facility. Also, the adult child must provide a level of care that prevents the senior from needing to relocate to one of the above mentioned facilities during this time. What Defines a "Child"
For the purposes of the Caregiver Child Exemption, a "child" is defined as either a biological or adopted child. They are considered eligible recipients of a home transfer if they have lived in the home and provided a level of care for their aging parent for a period of two years that enabled him / her to continue to live at home. Other relatives, such as foster children, stepchildren, grandchildren, nieces, nephews, son-in-laws and daughter-in-laws, are not eligible. What Defines a "Home"
For Medicaid's Caregiver Exception, a "home" is defined as the elderly individual’s main residence before relocating to a care facility. Summer homes and vacation homes do not qualify for this exception if they are not the individual’s primary residence. A broader, but still allowable definition of the home, includes the land, garages or other buildings on the land. Condominiums and mobile homes are eligible properties.