How to Protect Against Medicaid Look Back Period & Preserve Assets 

NO...🙏😔🙏

We are only licensed to practice in Washington and Idaho. You can find an Elder Law Attorney near you here: www.avvo.com/

It costs money.

LONG TERM CARE INSURANCE PAYS for LONG TERM CARE, you GODDAM LIAR!!!!!!

I’m interested also in Oklahoma

Thank you for your question. We are licensed to practice in Washington & Idaho. Thank you.

This attorney is in Orlando Florida. Her name is Joannie Rodriguez, Elder law Attorney

In Florida, if a home is a homestead, I don’t think Medicaid or creditors can come for the homestead home, but need to check with an attorney.

​@elgestateplanning We live in Idaho. Do have a recommendation for a firm in the Boise/Meridian area?

perserve?? DUMBBELL!!!

Children do not have an asset test in most states till they are 22. I would look more into it, but they are no subject to asset test.

@@dustinwest2510 so far my assets count against her until 18 years old in Florida. Same in Wisconsin. Thanks for a response

You should consult an Elder law attorney in your area

It’s usually just when you end up in a nursing home. Then they recoup what the nursing home costs. But each state may have different rules.

That is horrible. What a dirty play your sister pulled

I need help on this question to.

I am an attorney who does this type work in Alabama. There are ways to keep money, not all of it but most of it. Do go see an attorney if in this situation or getting near this situation.

I had the same thought until I met with an elder law attorney who specialized in Medicaid planning. I was surprised to find that there are some creative, sometimes complicated, totally legal ways to protect assets even within less than 5 years of applying for Medicaid. You may not be able to protect everything but you may be able to protect a surprisingly significant portion. The savings far, far exceeded the legal fees we paid.

And you don’t need an attorney for a trust…..

Because throughout the entirety of your career, and often well into retirement, you’ve contributed toward/ benefited your community, your country, and society as a whole with your work. Oh, and then there’s the income taxes you’ve paid and continue to pay throughout your lifetime. Does that help?

People who aren't poor often become poor paying for late in life medical care and services, which could be $100,000 - and more than some people's total income and savings! Plus one spouse could be reduced to poverty or below the poverty level paying for a spouse's medical care need the end of life. And for families that have had high medical bills for many years, there may not be much if any savings (I for one have been incapacitated half the time for 48 years, having to be self-employed, working all the time I was functional, with high medical bills and with the only weeks off being weeks for surgery and recover). Sure, there may be some wealthy individuals who are protecting their large homes and yachts etc. but most people don't have enough to pay for the care an incapacitated relative needs at the end of life.

You are right. It’s just sad when you want to leave something for your kids.

​@@jkennethhigginsiii5696Welfare is based on having little assests.