My in-laws went to a lawyer in 2009 anticipating my mother in law needing care some day. Her husband has been caring for her & now feels he needs help. He kept a significant amount of assets in her name planning for her care; but they would be used up before the 5 years is up if she goes to nursing home. Does the look back period begin at time of admittance to nursing home or at time of application for medicaid? He is willing to use some of his resources first for her care.
The Medicaid look back goes back five years from the date the application for Medicaid is made. Its not as simple as the look back, they have to divide the assets, regardless of whose name they are in, and there could be additional planning things to do. You should go to an attorney.
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