PM sent Scott, the new medicaid rules make that plan a bad idea. there are better ways to go about it. Let me and VAnimrod help you out with a plan that will work. FWIW I am past president of the Walla Walla Estate planning council, was dealing with this stuff for 37 years before I retired including many, many estate planning seminiars and workshops hosted by me.
I suspect that Scott is smart enough to have gotten good advice and followed it.
