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BCAL 5052 Licensing Notebook Summary Sheet BCAL 5052 Licensing Notebook Summary Sheet Michigan Form

BCAL 5052 Licensing Notebook Summary Sheet BCAL 5052 Licensing Notebook Summary Sheet Michigan Form

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hey everybody Paul Tremblay here I'm an estate planning attorney here to talk on this video today about what's the deal with this five-year rule for Medicaid that many people hear about let's go back to the basics most people know that if when someone enters a nursing home they have more than two thousand dollars of what I'll call countable resources then they gotta pay the nursing home out of their own pocket most people realize that most people know what in general what the nursing home costs in their area in some areas around our country it may be six thousand dollars a month or more married couples in a nursing home together double that twelve maybe to fifteen thousand dollars a month so you can go through the savings pretty quick and so a lot of people realize or have heard that the home is not an asset that counts but a lot of people don't realize that while the home is not what's called a countable resource people can have a home a

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