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ASSET PROTECTION

Medicaid Planning Guide

Protect your life savings while ensuring you qualify for the long-term care coverage you need. Learn legal strategies used by elder law attorneys.

The 5-Year Rule Is Critical

Medicaid reviews 5 years of financial history. Planning must begin early - ideally before you need care. Assets transferred within the lookback period trigger penalties.

5 Years
Lookback Period
$2,000
Asset Limit (Single)
$10K+
Monthly Care Cost
100%
Legal Strategies

Key Medicaid Planning Concepts

5-Year Lookback

Medicaid reviews all asset transfers from the past 60 months. Transfers during this period create penalty periods.

Home Protection

Your home is exempt while you live, but may face estate recovery after death. Trusts and special deeds can protect it.

Legal Strategies

Irrevocable trusts, Lady Bird deeds, and spousal protections are legal tools to protect assets.

Start Planning Now

The 5-year lookback means the best time to plan was 5 years ago. The second best time is today. Don't wait until you need care to protect your assets.

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