Medicaid Lookback Articles
Understanding Medicaid’s Lookback and Penalty Periods
Gifting an asset can cause problems if you later need to apply for Medicaid to cover a nursing home stay. Learn the details of Medicaid lookback and how it impacts the Medicaid penalty period.9 Comments
Can someone explain what the 5-year "look-back" period for Medicaid is?
An elder law attorney answers the question: what is the 5 year look-back period for Medicaid, and how does it relate to a gift?3 Comments
Can Mom gift money to her grand kids so Medicaid won't take it to pay for her nursing home?
This is a difficult dilemma, and one that many families are facing. The dilemma can often be avoided or mitigated with advance planning, but that doesn’t help in your case.25 Comments
Assets You Can Have to Still Qualify for Medicaid
What assets can you have and still qualify for Medicaid? Can your parents keep their house? Their car? Here are asset limits and guidelines for people who are applying for Medicaid and aren't sure what they qualify for.77 Comments
Can I hide money from Medicaid, so mom can leave her kids an inheritance?
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.5 Comments
“Spending Down” to Medicaid: One Caregiver’s Personal Journey
For many families, navigating Medicaid eligibility seems complicated and the spend down process is one of the trickiest parts. Use this caregiver’s experiences to inform your own Medicaid planning strategy.85 Comments
How Can My Elderly Parent Qualify for Medicaid?
Find out how annuities play into Medicaid planning for your elderly parents. It may seem hard to believe that annuities can help the elderly qualify for Medicaid - yes, Medicaid. This is sometimes called the "Half-A-Loaf" approach, and in certain cases, it can be a lifesaver for those who need the help the most.45 Comments