<p>As far as grandparents are concerned, care needs to be taken when money is given away, should the grandparent require nursing home care to be covered by Medicaid within 5 years.</p>
<p>[Federal</a> Medicaid Lookback Rules | eHow.com](<a href=“http://www.ehow.com/list_6068531_federal-medicaid-lookback-rules.html]Federal”>http://www.ehow.com/list_6068531_federal-medicaid-lookback-rules.html)</p>
<p>Grandparents need to be very careful with giving money to grandchildren like this. Just like parents need to consider retirement savings, grandparents need to consider potential nursing needs.</p>