Latest / BSPE Legal Marketing Podcast
How to Avoid Medicaid’s 5-Year Lookback Period - Seth Schlessel
From Schlessel Law PLLC - In this episode, we explore the key points from the article How to Avoid Medicaid’s 5-Year Lookback Period. Understanding Medicaid's 5-Year Lookback Period is essential for anyone planning for long-term care or considering Medicaid benefits. The lookback period refers to the review of financial transactions made within five years of a Medicaid application to ensure no assets were transferred for less than market value. Violating these rules can lead to penalties such as a penalty period or delays in eligibility, making careful asset management crucial.We discuss the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.