Medicaid Lookback
Medicaid Lookback Articles
Understanding the Medicaid Look-Back Period and Penalty Period
Seniors with limited income and assets must often use a spend-down strategy to qualify for Medicaid, but gifting can trigger a penalty period of ineligibility. Learn about Medicaid asset transfer rules to avoid problems with paying for long-term care.
8 CommentsHiding Money from Medicaid: Don't Do It
Hiding assets by not reporting them to Medicaid is illegal and considered fraud against the state. However, there are a number of legal techniques for protecting your parent's assets so that they pass to you.
6 Comments“Spending Down” for Medicaid: One Caregiver’s Personal Journey
Navigating Medicaid’s financial eligibility requirements is complicated, and the spend down process is one of the trickiest parts. Learn from this caregiver’s experiences before devising your own Medicaid planning strategy.
86 CommentsWeighing the Pros and Cons of a Living Trust
A living trust is a popular financial tool that can be used for Medicaid planning, estate planning and tax planning purposes. However, a trust may not be the best the best approach, depending on a person’s long-term goals and unique financial situation.
5 Comments
Medicaid Lookback Questions
My sister just sold her home. What should she do with the proceeds (around $60,000) to protect it from Medicaid?
16 AnswersMACinCT Answered 16 hours agoAssets pertaining to Florida Medicaid and SSDI. Any advice?
4 AnswersSendhelp Answered May 12, 2022My 87-year-old mother does not have a Medicaid trust place. She is in a wheelchair and last stage kidney failure.
5 AnswersJoAnn29 Answered May 2, 2022Does Medicaid frown on paid in-home care in lookback?
3 Answers97yroldmom Answered May 1, 2022
Medicaid Lookback Discussions
I have just told my dad I washed my hands of him!
15 Commentslkdrymom Commented Jan 2021I don't get why people are trying to hide assets if your parents have them. Aren't those for their care? Medicaid is hard enough to get.
8 Commentsanonymous839718 Commented Dec 2018Will providing financial assistance create a problem while waiting to apply for Medicaid?
3 CommentsWkillpatri15 Commented Nov 2018Mom has a reverse mortgage on her house. If I pay off that loan and buy the house after she moves to a NH will there be a problem with Medicaid?
8 Commentsbkiene8262 Commented Jul 2018
Medicaid Lookback Related Topics
- Elder Law
- Alzheimer's & Dementia
- Care Decisions
- Home Modification
- Long-distance Caregiving
- Cancer
- Cognitive Decline
- Elder Abuse
- Signs of Dementia
- Area Agency on Aging
- Diabetes
- Driving
- Burnout
- New to Caregiving
- Working Caregiver
- Dementia Behaviors
- Early Onset Alzheimer's
- Lewy Body Dementia
- Mild Dementia
- Severe Dementia