Look at an irrevocable Medicare trust to protect assets from Medicare clawback. The rules and laws vary depending on the state, and you need an attorney to set it up. I just had one set up for my parents.
What is “Medicare clawback”?
OH HOW NICE. I AM GOING TO BE PAYING FOR YOUR PARENTS CARE VIA MY TAX DOLLARS SO WHEN THEY DIE YOU CAN INHERIT THEIR WEALTH. How about they pay for their own care and you inherit nothing.
Its a Medicaid Clawback not Medicare
Medicaid.
Look at an irrevocable Medicare trust to protect assets from Medicare clawback. The rules and laws vary depending on the state, and you need an attorney to set it up. I just had one set up for my parents.
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So far I have not been able to get it to work for me. The lawyer is reluctant.