This is one of those feared phrases for any retired senior.┬áIt is so disturbing because you or a spouse must nearly deplete all of your assets to qualify for the Government’s Medicaid program. We can show you there are many ways to qualify for Medicaid and still retain more of your Assets!

To make things more difficult, the Government enacted the “Deficit Reduction Act of 2005.” The main emphasis of this Act was to change the three year look-back period to a five year look-back period, from the time of Medicaid application. This Act also closed many other loopholes that remained in existence. We will explain how all of this information pertains to you and how to avoid the pitfalls and still retain more of your assets.