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To: Bigh4u2
H: I have heard that Michael has a 1 million dollar life insurance policy on Terri.

B: Not sure if it's true, but if so, that would dampen the idea that there is no money to be made from her death.

Well, if Michael Schiavo's attorney is telling the truth---a big if right there---Mr. Schiavo will not gain one penny from Terri's death. Ah, but that is lawyer talk. Schiavo might not be the beneficiary on record. That might be, instead, a child of his, or someone on whose behalf he acts as trustee. In which case Michael Schiavo would be in complete control of all insurance assets from any policy on Terri, yet technically not "gaining one penny."

584 posted on 03/19/2005 1:38:59 PM PST by Graymatter (Free Tehiri al-Shaifo, US-held torture victim and hospice detainee.)
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To: Graymatter

He gets the house which is community property.And exempt from medicaid spend down rules.

The guys is amazing. Medicaid is paying the freight, he has money in that big old house and he would lose it if he divorced her.


614 posted on 03/19/2005 1:45:54 PM PST by cajungirl (no)
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