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 dad is in a nursing home. I took care of him for two years. We did a living trust and added my name to the deed to his house.
4 Answersigloo572 Answered Jul 17, 2024If I pay for remodeling costs in my daughter's home in CO, will CO Medicaid count that money in the look back period?
3 Answersigloo572 Answered Jul 11, 2024I am POA for my mom and I got the check from my dad’s estate. My question is if we cash it will it affect Medicaid and inheritance tax?
13 Answersmy2cents Replied Jul 8, 2024Can my friend ever qualify for a Medicaid nursing home bed with this asset scenario?
8 AnswersAMZebbC Answered Jun 26, 2024
Medicaid Lookback Discussions
I cannot afford to keep my dad in memory care. We are currently self-paying as he does not currently qualify for Medicaid. What are my options?
13 CommentsBurntCaregiver Commented Jul 4, 2024My husband has a monthly income of $2400 from pension and SS. I also have a pension and SS.
2 Commentsigloo572 Commented Mar 4, 2024Medicaid planning.
4 CommentsAlvaDeer Commented Dec 26, 2023The selling of a person on Medicaid’s personal vehicle after they have already been accepted to help cover their expenses?
3 CommentsGeaton777 Commented Aug 17, 2023
Medicaid Lookback Related Topics
- Elder Law
- Alzheimer's & Dementia
- Care Decisions
- Home Modification
- Long-distance Caregiving
- Elder Abuse
- Cognitive Decline
- Cancer
- Diabetes
- Driving
- Signs of Dementia
- Area Agency on Aging
- Burnout
- Dementia Behaviors
- Early Onset Alzheimer's
- Lewy Body Dementia
- Mild Dementia
- Severe Dementia
- New to Caregiving
- Working Caregiver