Posted on: 28th Aug, 2009 03:36 pm
My sister and I have lived in my home now for over seven years now and we are both disabled. We have watched the collapse of my home value and cried our eyes out. My home has been in bad repair for a long time and finally we fix it up with credit cards that are in her name. She has Medicaid and on her application she puts down that she does not pay rent or anything. How does Medicaid conceder this? Does she have to report this? I will be paying the bills on the credit cards or both if we need too. We use her credit cards for everyday things like food and etc. and pay the bills when they become due. Medicaid laws are so confusing and I thought that the tax codes were a mess. What is conceded a gift with Medicaid? This is her home as well as my home but not legally. Is this not conceded a loan... Thank you for any help that you can offer…
You've mentioned that your sister had already informed Medicaid that she does not pay any rent for the property. Thus, she won't have to report it again to the Medicaid. As far as the credit cards are concerned, I don't think it would effect her medicaid eligibility in any way.