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Get and Sign Alabama Medicaid Form 204 205 2012

Get and Sign Alabama Medicaid Form 204 205 2012

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My name is John Watson a financial protection attorney in Alabama, and we help a lot of families who are dEvaling with long term care costs we help them with the state planning and elder law issues and why don't want to talk to you about today is what is this idea with Medicaid and there's this five year look-back period what does that mean well here's where it comes up if you qualify for Medicaid there's certain residency requirements certain hEvalth requirements normally those are not an issue because we're talking about somebody in a nursing home, but the big one is the financial aspect of it so went to have our assets to a certain level and when we qualify for Medicaid then Medicaid says ok it's its like you bring a box or a container when you qualify for Medicaid in that container that box has 5 years worth of financial transaction today I want to see bank statements they want to see have you sold a property body property in other words what have you been doing with your money the

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