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
Is it considered a gift if your Mom and yourself were on a mortgage and you took her name off a year ago and did a quick claim deed?
3 Answerslealonnie1 Answered Apr 23, 2024Anyone familiar with Medicaid estate recovery process in NY?
3 AnswersWeisk72 Replied Apr 19, 2024Vehicle only in husband's name after he passed. Title transferred by mother to son subject to Medicaid 5 year look back.
3 Answersigloo572 Answered Apr 18, 2024Has anyone used spouse refusal when a spouse go into a nursing home?
6 Answerswaytomisery Replied Apr 18, 2024
Medicaid Lookback Discussions
My husband has a monthly income of $2400 from pension and SS. I also have a pension and SS.
2 Commentsigloo572 Commented Mar 4, 2024I 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?
11 CommentsGrandma1954 Commented Jan 25, 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
- Cognitive Decline
- Long-distance Caregiving
- Cancer
- Elder Abuse
- Diabetes
- Driving
- Signs of Dementia
- Area Agency on Aging
- Burnout
- New to Caregiving
- Working Caregiver
- Dementia Behaviors
- Early Onset Alzheimer's
- Lewy Body Dementia
- Mild Dementia
- Severe Dementia