No. But it’s not clear whether this is your car or your husband’s. If it’s your car, you do not need to inform the Texas Medicaid agency about the transaction. If it’s your husband’s car, you will have to inform the agency and they may require that the $800 be paid toward his cost of care.
Harry S. Margolis practices elder law, estate, and special needs planning in Boston and Wellesley, Massachusetts. He is the founder of ElderLawAnswers.com and answers consumer questions about estate planning issues here and at AskHarry.info.
