What Should I Do Now That the New Medi-Cal Rules Are in Place?

Episode Summary: In this episode, Chris Botti discusses the recent changes in the Medi-Cal rules and their impact on long-term care planning. He explains the return of asset limits and the reintroduction of look back rules, emphasizing the need for careful planning and self-assessment to maintain eligibility for Medi-Cal benefits. Key Timestamps: 00:00 – Introduction 01:30 – Overview of the failed Medi-Cal experiment 03:45 – Impact of asset test reintroduction 05:20 – Importance of self-assessment for existing applicants 07:10 – Planning options for individuals over asset limits 08:45 – Understanding exempt and non-exempt assets 10:30 – Effect of look back rules on asset transfers 12:15 – Seeking professional assistance for navigating Medi-Cal changes 14:00 – Conclusion and advice for listeners About the Show: Plan On It is a podcast series hosted by Mike Leon, featuring Chris Botti, a Board Certified Specialist in Estate Planning, Trust, and Probate Law. The show provides clear, practical guidance on estate planning, long-term care, and Medi-Cal eligibility. For more information and resources, visit bottilaw.com. #EstatePlanning #MediCalChanges#LongTermCare #AssetLimit #EstatePlan #LegalAdvice