Don't make this costly mistake. Medicare, Medicaid, and managing your money can be confusing territory. Tune in to this episode with Elder Law Attorney Bob Mannor & Amy Persails, Planning Services Director at Mannor Law Group, and walk away with a deeper understanding of these complex systems that could save you or someone you care for thousands of dollars. Bob & Amy clear some of the confusion between Medicare and Medicaid, breaking down the critical differences between the two. They also unpack the nitty-gritty of the 'look back' period, discussing how a significant money gift, or even paying for care, in the past five years could lead to penalties.As we journey further into the labyrinth of Medicaid planning, Bob and Amy discuss the crucial role timing plays when considering gifting and warns not to confuse gifting for Medicaid with gifting for IRS or gift tax purposes. Above all, Bob & Amy stress the importance of guidance from a certified elder law attorney in your Medicaid planning journey. This is a conversation you can't afford to miss.Host: Attorney Bob MannorGuest: Amy PersailsExecutive Producer: Savannah MekstoWe'd love to hear from you! Support the showListening Options YouTube Playlist Apple PodcastsSpotifyAmazon MusiciHeart RadioPodcast AddictPodchaserDeezerListen NotesPlayer FMABOUT US:Mannor Law Group helps clients in all matters of estate planning and elder law including special needs planning, veterans’ benefits, Medicaid planning, estate administration, and more. We offer guidance through all stages of life.We also help families dealing with dementia, Alzheimer’s disease, Parkinson’s disease, and other illnesses that cause memory loss. We take a comprehensive, holistic approach, called Life Care Planning. LEARN MORE...

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