His Mother Was Going to Lose Everything. Then She Didn’t.
John’s family was 22 months away from watching $120,000 in his mother’s life savings disappear into a nursing home — dollar by dollar, until nothing was left. Here’s exactly how they protected $90,000 of it.
Most families are told that once a parent is in a nursing home, the money is gone. That protecting assets inside the five-year lookback period isn’t possible. John’s family heard the same thing — and then they came to us.
What You’ll Learn
- Why $120,000 in assets doesn’t have to mean $120,000 paid to a nursing home
- The legal gifting and Medicaid annuity strategy that created a 12-month penalty period — and why that was the right trade
- What “protected within the five years” actually means, and why most families never hear this option