The Life and Legacy Show
Hosted by Certified Elder Law Attorney, Tim Sechler from Pittsburgh, PA. On this show we discuss all things Elder Law, Estate Planning, Asset Protection Planning. Tim will teach you how to protect your life savings from long term care concerns and other financial pitfalls. We'll discuss changes in the law that affect you. You'll get Tim's take on what makes a good estate plan and what opportunities families sometimes miss. You'll learn about upcoming events for retirees around Pittsburgh. Sometimes, we simply discuss the things Tim finds interesting.
The Life and Legacy Show
The Truth About the 5 Year Lookback Period
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Tim Sechler
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Season 1
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Episode 49
Everyone knows that Medicaid has a 5 year lookback period before going into the nursing home. This generally means that you can't transfer assets before going into a nursing home. However, there are lots of exceptions to this rule. Don't make assumptions about what it means to you.
Listen to this episode to figure out what it means for you!