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After careful review of the COVID-19 environment, the law firm of Chayet & Danzo, LLC, will be conducting in-person appointments in our offices on a limited basis and with strict social distancing protocols.

During this time, our team will continue to diligently work remotely on all client matters and will maintain communication through email, telephone, and video conferencing. Our main office number, (303) 355-8500 will continue to be answered during our normal business hours of 8:00 a.m. to 5 p.m. Monday - Thursday and 8:00 a.m. to 4:00 p.m. on Fridays.

This decision to have limited appointments in-office while following strict social distancing protocols is in the best interest and health of our team, clients and community.

We will continue accepting new clients during this period as well as fully servicing our existing clients.

We wish you and your family continued health during these unique and challenging times.

Compassion, talent and dedication: guiding colorado families and Their Trusted Advisors During Times of Need

Avoiding Medicaid penalties and pitfalls

Many people who try to figure out Medicaid eligibility and how to maximize its benefits are soon overwhelmed by the program's dense, bureaucratic language, and its many detailed rules, regulations and procedures. Unsurprisingly, many then look for help in navigating a complex system.

We recently read a letter from a 77-year-old woman to a newspaper advice column about obtaining Medicaid benefits for her husband, who is in a nursing home. The woman said an agency she turned to for help advised her not to report to Medicaid a cash gift her husband had given to her son two years ago. The paper's columnist - an elder law attorney far from us here in Colorado - spotted a big problem with that advice.

The columnist wrote that the advice from the non-lawyer at the agency was deeply flawed. "Hiding assets and falsifying information on a Medicaid application is a crime," the Florida elder law attorney said in his reply. He said it would be best for her to cut her ties to the agency and find instead an attorney experienced in this area of law.

In that way, she (and others who are struggling to understand the system) can get targeted help for their specific needs.

For most people, it makes sense to get help with Medicaid planning before they absolutely need the program's benefits. In that way they can plan ahead and avoid things such as the look-back penalty.

What is the look-back penalty?

The look-back penalty involves the transfer of gifts or assets within the 60 months (five years) of the date the person applied for Medicaid benefits. The penalty isn't calculated in dollars, but in months - months in which you will not be eligible for Medicaid and must use your own funds to pay for things such as a nursing home.

Careful planning with an experienced elder law attorney can help you avoid these types of expensive penalties and pitfalls.

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We are the premier Elder Law firm in the Colorado region. We set ourselves apart from other law firms in the area with our talent, dedication, compassion and ability of our attorneys to handle any case in Elder Law. We serve Colorado families with experience and dignity in your time of need.

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Denver Office
650 S.Cherry St., Suite 710
Denver, CO 80246

Toll Free: 1-888-472-1088
Phone: 303-872-5980
Fax: 303-355-8501
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105 Edwards Village Blvd.
Edwards, CO 81632

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Toll Free: 1-888-472-1088
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600 East Hopkins Avenue
Suite 301
Aspen, CO 81611

Toll Free: 888-472-1088
Toll Free: 1-888-472-1088
Fax: 303-355-8501
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  • Rated by Super Lawyers Macro Chayet
  • Rated by Super Lawyers Frank J. Danzo, III
  • Member National Academy of Elder Law Attorneys, Inc. TM
  • Avvo Rating 10.0 Superb Top Attorney Elder Law
  • 2015 Five Star Professional Wealth Manager Multi-Year Winner
  • Our new 2015 Medicaid Book: how to protect your Family's Assets from devastating nursing home costs
  • Peer Review Rated For Ethical standards & Legal Ability TM Martindale Hubbell