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Podcast: The Life and Legacy Show
Episode: Beating the 5 Year Lookback
Description: "Once someone goes into a nursing home, there's nothing you can do." "You can't protect assets if you need care in the next five years." "It's illegal to give your stuff away within 5 years of the nursing home." These are all comments we have heard from our clients and other lawyers. Unfortuantely, they're all untrue.  The 5 Year Clock is one consideration for getting the government to pay for your nursing home. It's not the only consideration. Rules have exceptions. Let's learn a few strategies that might just save your live savings.Â