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Important Notice: It's time to take action on Medi-Cal Planning and Asset Protection before it's too late.

February 23, 2019
 
Due to the anticipated adoption of the Deficit Reduction Act in California, those of you who have asked me questions about Medi-Cal Planning and Asset Protection must move from the question stage to the action stage.  
 
The new rules that will go into effect will change the "look back" period from 30 months to five years and will change other qualification criteria. 
 
These changes mean that asset and spousal protection must be taken seriously
now. 
 
Here is some information that you may find helpful. If you have more questions, give me a call. 
 
Medi-Cal Planning and Asset Protection generally takes one of two forms:

1) Crisis planning: This applies when you or a loved one has already been admitted to a nursing home or is about to be admitted. 
 
I have a response system in place for crisis Medi-Cal planning, and can help you get answers quickly. I can often tell you within hours, not days, whether I can help and save you money. However, if you wait for crisis planning your options are more limited and my time is more expensive. 
 
If you have a medical emergency that qualifies you for Medi-Cal, I can help you take immediate steps to protect your assets, while remaining eligible for benefits.
 
2) :  Proactive planning: This entails planning ahead to make sure you will be eligible for Medi-Cal while still protecting your assets for your spouse or children. 
 
The bottom line is that you don't have to go broke from in home or nursing home care. The law allows you to keep your home and much of your money- but it is critical to have the assistance of someone who knows how to do it.
 
Click here for more information about Medi-Cal Planning and Asset Protection or you can call (310) 406-0608 or email me susanbgeffen@gmail.com
 
 
Susan B. Geffen, 
Gerontologist, Elder Law Attorney
Former Elder Law Professor, Book Author 
Jay Kaplan profile picture
Jay Kaplan
This is the place to share. Share news, updates and opinions. The reverse is the most misunderstood item in the lending and financial home ownership arena; we need more exchange of ideas. This area is for questions and, I hope; answers. Please keep the dialogue going in the name of education, and that goes both ways. Please see that I have added two categories from The Educated Retirement show for Nostalgia and Wisdom
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This is the place to share. Share news, updates and opinions. The reverse is the most misunderstood item in the lending and financial home ownership arena; we need more exchange of ideas. This area ...
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