While the house may not need to be sold to qualify a Medicaid applicant for benefits, state Medicaid agencies will likely place a lien on any real estate owned by a Medicaid recipient during their lifetime. The state can't impose a lien if a spouse, a disabled or blind child, a child ...
Real estate property other than your primary residence Typically you don't have to worry about the non-countable assets, since they willnotaffect your eligibility for Medicaid. Non-countable assets include retirement accounts, like a 401k and traditional IRAs that are currently paying out, funeral ...
Can you own a car on Medicaid? What about a life insurance policy? Many people believe they are ineligible for Medicaid coverage of nursing home costs and doctor’s bills simply because they own property or have some money in the bank. The truth is there are a variety of assets that ...
Both my parents are gone, but this case is still ongoing. The lawyers are demanding one-third of my father’s estate. My father had an estate plan which provided a lifetime trust for my mother, but this was overturned in a judge’s chambers. They also filed aright of electionagainst ...
Live your life. Live your life. Chris’ Take Home Points Man Plans, God Laughs Many of you, like me, are planners. If we’re being honest a more accurate description would be control freaks. Reading through parts of Margot and Nick’s story made my heart race and palms sweat a little...
repercussions related to liability for real estate taxes, property insurance and the claims of creditors, including Medicaid estate recovery. If property passes outside of probate and there is only one year to pursue a claim, that makes it difficult for claimants to pursue the property. ...
They have been pretending that Amelia Sallas’ funds are not marital property and that Dean does not have the right to manage, control and spend those funds–even for his own necessities. Prior to the guardianship, Dean had amassed some $9 million in real estate. But the Guardianship court ...
#24. Health care (including Medicaid and Medicare) (tie) - BBB risk index: 2.7 - Share of total scams reported: 1.4% - Share of scams that reported a monetary loss: 12.9% - Median reported loss: $250 Health care scamscome in many forms, but all involve someone either wanting your per...
It was also the real estate industry which happily profited from the increased demand for housing, and the Democrat party which collected the votes of the vast majority of the millions of immigrants who received the Medicaid benefits and paid no income tax. If you wa...
Our collection of financial fixes—designed to save you money, get you on track to reach a goal or simplify your life—run the gamut from trimming your cable or phone bill (15 minutes or less) to applying for a more rewarding rewards card (30 minutes) to setting up an ...