The best advice when it comes to preparing for long-term care is to do it before you need it. Whether you choose to reside in a facility or opt for in-home care, expenses associated with long-term care can quickly deplete a person’s assets. With proper long-term care planning, however, you can protect and preserve many of your assets and ensure access to quality care when you need it in the future. But you can’t wait until the last minute; the Medicaid look-back period is 60 months, meaning assets transferred more recently than five years ago may disqualify you from coverage. A long-term care attorney can help.