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Caregiver Forum
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Financial Planning
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Questions
F
Fenton
Asked April 2014
What is the time limit for monetary withdrawals when looking for assets
Financial Planning
5
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V
vegaslady
Apr 2014
Don't listen to Dogabone.
Helpful Answer (
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)
D
dogabone
Apr 2014
PLEASE,
Don't panic.You need to hide assets.Requires learning how to do it.Sure it's 5 yrs.
If your a person addicted to gambling and gambled it all away that's a sickness and can't be paid back can it lol.
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J
jeannegibbs
Apr 2014
Well, there you have it ... five years prior to application.
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)
F
Fenton
Apr 2014
Yes
Helpful Answer (
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)
J
jeannegibbs
Apr 2014
Are you talking about the 5-year look back period, when Medicaid will review withdrawals and expenditures and gifts?
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)
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5 Answers
Helpful Newest
First Oldest
First
Don't panic.You need to hide assets.Requires learning how to do it.Sure it's 5 yrs.
If your a person addicted to gambling and gambled it all away that's a sickness and can't be paid back can it lol.
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