I’m applying for Medicaid, will my residence be exempt? If you look at the rules online, or even if you talk to a caseworker, you will learn that Medicaid rules state that you can have an exempt residence. That is great news for the many homeowners looking to apply for benefits. They can own their […]
Alzheimer’s and the Five-Year Look-Back Period: The time to plan is NOW!
You may have heard me speak in other videos about the five-year look-back period for Medicaid. Well, if somebody upon a first diagnosis of Alzheimer’s engages in planning to direct his or her life savings from long-term care costs, most frequently that can be done at least five years in advance of nursing home placement. […]
Don’t Fall Into the “Things Are Too Hectic Right Now” Trap
Last week we discussed when planning should start, which we determined the sooner the better for getting the best results in protecting your life savings from long-term care costs. However, sometimes even the best intentions give way to daily life and the overwhelming feelings that may arise from the very situations the planning is intended […]
The Sooner the Look-Back Period Starts, the Sooner It Ends
One thing that is a consideration during asset preservation planning is the look-back period. For Medicaid, there is a five year look-back period, and while they don’t have it yet, there is talk about a three year look-back period for VA Benefits. So, one of the biggest questions we get is: When should the planning start? […]
What is a Look-Back Rule?
If you’ve begun an inquiry about establishing eligibility for Medicaid long-term care benefits, you have most likely run across the term “look-back rule.” This term seems to go hand-in-hand with Medicaid eligibility. But, the question may still remain: What is a look-back rule? In this Elder Law Minute, Wes Coulson, Illinois Elder Law attorney, explains the look-back […]
- « Previous Page
- 1
- …
- 30
- 31
- 32
- 33
- 34
- …
- 46
- Next Page »