OUR GOAL:
Protect The Interests of You and Your Family by Providing Personal Financial Assistance

  This Month's Articles:

• Are Extended Warranties Worth The Cost?

• The Impact of the New Medicaid Five Year Look-back on Families

• The Consequences of Paying Someone Off the Books

The new federal law mandates that the look-back period be FIVE years on all transfers, not just transfers into a trust.  This change is only effective for nursing home Medicaid and Lombardi home care, and not for community based care, including most home care.

Here is a real life example of an unexpected gap that appears in all health insurance policies.  The problem is that no matter how much up front work you do, you may never think to ask the right questions and even if you do, things do not always go as expected.