Posted on 01/06/2017 4:10:59 PM PST by oldasrocks
Does anyone know how Medicaid handles the disposal of property they have retained against medical bills by a deceased person? I have been trying to buy some property from a gentleman who ended up in a nursing home with Medicaid coverage. His widow said she had to sign papers and was not allowed to sell or even rent the property.
It is one method by which liberals can eliminate inheritance among the middle class. I believe property is seized by the state rather than the feds.
But who seizes it and where is it advertised for sale?
I'm not sure,but my hunch is that the details vary from state to state.A real estate agent would probably know...a real estate lawyer would surely know.
Run,don’t walk,to a good lawyer.
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Medicaid is a program for the poor, not the middle class.
In this case the man owned a home, I can’t say what it is worth, but it should be sold to pay the medical bills.
Nobody is forced to go on Medicaid.
If there is money left over it should go to the heirs.
Look it up as IF you were applying for medicaid and get some contact numbers and then let them know what you want.
Transfer homes, cars, savings to family members and then expect the taxpayers to pick up the tab for the rest of your life? Fageddaboutit.
In California if you reveive Medicaid(welfare) between 55 and 65, Your Assets are ATTACHED!
When my parents both needed care in a nursing home, we looked into what the requirements were for Medicaid payments. The state required that they sign over all their property to the state BEFORE payments would start. The bureaucrat we talked to actually said they would have to sign over their property even before they would even consider if Medicaid would pay. If there was money left over after they passed away, the state would reimburse the estate any amount left over. Note that the state is not very efficient in selling property. I would suspect that the gentleman in the home didn’t even own the property.
This is property in Missouri.
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