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Explain what effect the transfer has on edith and calculate

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Question: Edith transfers her home to her son for a $1 in 2010. In 2012, she is applying for Medicaid. Edith plans to go into a nursing home which the cost is $3,000 per month. Explain what effect the transfer has on Edith and calculate that effect.

 

 

Reference no: EM133584132

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