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Each of the following individuals is now entering a nursing home for long-term care services. Who could incur a penalty for improper transfer of assets under the Medicaid spend-down rules? (Search Chapter 4) a. Miriam gifted $50,000 in cash to her daughter, who lives in another city, ten years ago. b. Howard transferred his home eight years ago into an irrevocable and uncountable trust. c. Frank sold his $150,000 home to his nephew for $100,000 twelve years ago. d. Joel gifted his home two years ago to his 36-year-old daughter, who was living with her mother in another state.
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