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Local Estate Planning Attorney Explains the 5-Year Rule for Medicaid and Irrevocable Trusts

Families usually first hear about the Medicaid “5 year rule” in a hospital discharge meeting, when a social worker mentions that Mom will likely need long term care and Medicare will not pay for it. Panic sets in. Someone has heard that “Medicaid will take the house.” Another relative mentions a neighbor who “put everything in a trust” and was fine. By the time they reach my office, they are overwhelmed and worried they waited too long. The 5 year rule for Medicaid and i

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