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
Can my Mom co-sign on a mortgage before applying for Medicaid without penalty or a future lien?
5 Answersigloo572 Replied Sep 17, 2024Trust?
6 Answersfreqflyer Answered Sep 11, 2024How do you qualify to be a caregiver? What is the qualification for Medicaid?
3 AnswersMACinCT Answered Sep 2, 2024Mom needs Medicaid for long-term care. Pre-paying for simple cremation. Will Medicaid allow without a penalty during the look back period?
3 AnswersJoAnn29 Answered Aug 27, 2024
Medicaid Lookback Discussions
Applying for Medicaid: Is there a way to get assistance with the process that doesn't cost thousands?
13 CommentsAMZebbC Commented Aug 10, 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?
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, 2023
Medicaid Lookback Related Topics
- Elder Law
- Alzheimer's & Dementia
- Care Decisions
- Home Modification
- Long-distance Caregiving
- Cognitive Decline
- Cancer
- Elder Abuse
- 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