My question involves public health law in the State of: Illinois
I am pregnant and am on Medicaid with my husband and son. We are considering applying for food stamps. However, the application includes wanting to know of any gifts/loans we've received from relatives/friends.
When we purchased our home several years ago, my father-in-law was our lender, so we owe him the full amount for the house. For a couple years, he plans to gift us a certain amount per year in the form of debt forgiveness. We will see no cash from this, only the forgiveness of some of our debt to him in his personal records. He says we will see no cash benefit from this until he passes.
Is this debt forgiveness considered "income" with regard to Medicaid? Food stamps? Does it need to be reported on our application or to our caseworker as a change in income for Medicaid?
Thank you so much for your help.

