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    #1

    Virginia Look back

    Does anyone know if Virginia has a look back rule for gifts? Ie going to Nursing home, getting VA benefits, qualifying for other stuff beacuse you gave it all away.Thanks to all
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    #2
    Virginia abolished its Estate tax so there is no look-back for that. Are you talking about qualifying for Medicaid? The lookback is 60 months (5 yrs) for Medicaid eligibility concerning non-exempt transfers. It gets complicated.
    Last edited by Burke; 11-05-2013, 06:11 PM.

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    This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

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