Скачать или смотреть Medicaid Look-Back Period: The 5-Year Rule for Your House (WNY Estate Planning)

If you have an older loved one who may eventually need to move into a nursing home, you must be aware of the five-year Medicaid look-back period.

This rule allows Medicaid to scrutinize any asset transfers - including the transfer of a house - that occurred within 60 months (five years) prior to the Medicaid application for nursing home care.

If you have not pre-planned by executing a deed or taking care of your house in some other way, this five-year look-back period will apply, potentially creating a penalty period where Medicaid will not cover care.

Effective estate planning with an attorney is the best way to safeguard your assets and ensure your eligibility for future long-term care benefits.

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We hate disclaimers as much as you do, but, this is complicated stuff. We strive to be accurate in what we say, but before you act on any attorney marketing, you should seek counsel specifically related to your situation.