Have you even been to one of those historical shrines or perhaps ancient wonders where in you need to walk up more than 200 steps on the stairs, just to catch a glimpse of history? Whew! Ive been to one. But going back is the farthest thing on my mind. In fact, had I known it was too be that exhausting, I would not have given it a time of the day. But what if you had no choice but to climb that flight of stairs and everyday nonetheless!
How The Nursing Home Spend-Down Program Affects You And Your Family
Your Federal Government has mandated (as of June 30, 2006) that before you qualify for nursing home care, you must spend-down all of your assets. These restrictive new rules are designed to impoverish the healthy spouse. They have mandated a 5 year look-back, that means you better have done something to protect your assets 5 years before you become sick.