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eileen121199 Asked July 2017
I am trying to do everything by the book to the last penny for the 5 year look back period. Am I correct in this?
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My mother is spending down $5,000 in assets to assisted living facility. If she needs to go to a nursing home in the next year or two, I am hoping this is satisfactory in terms of the 5 year look back period. I am trying to do everything by the book to the last penny. Am I correct in this? Feedback greatly appreciated.
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notrydoyoda Jul 2017
The money is being spent on her care. That will not be a problem for the five year look back if she needs medicaid in a year or two to go to a nursing home.
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eileen121199 Jul 2017
Thank you so very much, I am new to this and absolutely petrified of making a mistake and having mom disqualified for care. I very much appreciate your quick and reassuring response, cmagnum.
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