Elder Law Report
Elder Law Report
Greg McIntyre, J.D., M.B.A.
Gifting and Long-Term Care Benefits: When Generosity Can Backfire
9 minutes Posted Jun 11, 2025 at 4:00 am.
Introduction to Elder Law Topics
Understanding Look-Back Periods
Gift Tax vs. Benefit Eligibility
Property Transfers and Tax Implications
Services and Free Consultation Offer
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Show notes
Money gifted with good intentions can lead to devastating financial consequences when long-term care becomes necessary. This eye-opening discussion between Elder Law attorneys Greg McIntyre and Brenton Begley tackles one of the most misunderstood areas of senior planning: how well-meaning asset transfers can backfire when seeking Medicaid and special assistance benefits. The conversation cuts through common misconceptions, particularly the damaging belief that the federal gift tax exemption ...