Wednesday, September 16, 2015

The Difference Between Medicaid’s Lookback and Penalty Periods - AgingCare.com

The Difference Between Medicaid’s Lookback and Penalty Periods - AgingCare.com: The Difference Between Medicaid’s Lookback and Penalty Periods

Most people have heard that gifting an asset can cause problems if you later need to apply for Medicaid to cover a nursing home stay.

But what exactly are the rules you need to be aware of when helping an elderly loved one qualify for Medicaid?