The task of applying for Medicaid to pay for nursing home care can be overwhelming when unfamiliar with the process. The first step in the application process is to gather the required information.
One of the most misunderstood aspects of Medicaid is the look back period for asset transfers and how that affects eligibility for elderly people in need of long-term healthcare. Let’s start with a ...
Any gifts or assets transferred within 60 months of the date of application for Medicaid benefits – if, say, you need to enter a nursing home for long-term care – are subject to penalties. Those ...