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Ask Suze & KT Anything: Do You Think You’re Old?

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

CHAPTER

Should We Have an Irrevocable Trust?

Susie would refer to the callers often on the Susie Orman show when we were on television. All trusts have a five year look back period. Any money that you put within five years in a trust will be disqualified if you then need to qualify for Medicaid. If you think care in a nursing home is as good on Medicaid versus when you are a private pay patient, I'm here to tell you it is not.

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