Most who are familiar with Medicaid planning have a similar story. One that speaks of family members and loved ones spending all their money on nursing home and medical costs until they’re broke. Only then, after all the money is gone, do the loved ones get assistance from Medicaid. And even then, only if they …
For anyone that has discussed the five-year lookback regarding Medicaid has heard many stories about what this means. Typically, there are pieces of truth and misinformation within those stories. So, what really is the five-year lookback, and what does that mean for Medicaid planning? The basic definition of the “five-year lookback” is that Medicaid wants …
One of the most important things you can do for your own future is to hire an experienced Medicaid planner to help you look ahead. While you might have had a family experience with Medicaid and getting a loved one qualified, each state has their own recognized rules that must be followed. Medicaid planning can …
When it comes to planning for Long Term Care and the possibility of Medicaid, sooner is very much better than later. Unfortunately, far too many families don’t take the time to preplan and find themselves in the complicated situation of having to qualify and apply for Medicaid quickly. This is what we call Medicaid Crisis …
What Qualifies as a Crisis for Medicaid Planning? Read More »
Most people come to the offices of a Medicaid planning attorney in crisis mode, because a loved one will soon need to enter or has already entered a nursing home. While some planning can be done at that point in time, it’s far better to complete Medicaid planning in advance so that you have tools …
It is a big sigh of relief, after applying for Medicaid Nursing Home for yourself or a loved one, when the application has been approved. Normally, the process is long and multiple proofs are requested before the application is approved. And the application process, at times, can produce unfavorable results. Most unfavorable results are either …