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[quote=Anonymous][quote=Anonymous]To 07:26…

Does the 5-year lookback start now with the divorce? [/quote]

Not that PP but... the 5 year lookback starts with the day you apply for Medicaid.

If you apply today, March 16th 2025, they will go through all your records and bank accounts starting March 16th 2020, to see if you gave any money away since that date.

Any money you spent on anything other than your basic needs will be deemed money you could have spent on nursing home care.

Let's say you and your wife have have 1 million in assets right now.  And in 2022 you gave your granddaughter $20,000 to help pay for college.  And you, the husband, now need to be in a nursing home which costs $130,000 a year.

You will need to spend (from your assets) $1,000,000 - the $135,000 your spouse gets to keep for herself = $865,000 on nursing home care, plus the $20,000 that you gave to your granddaughter within the 5 year lookback... before Medicaid will pick up the cost of your nursing home care.

I think the "well spouse" can keep some of her own retirement income, like if she has her own pension?  And expenses that were necessary to repair the house, or to buy a car, are not considered in the spend down period, unless you do things that are not fair market value.

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