Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: AppyPappy

They won’t take a house, or a car, or attach earnings. But when you die, they go after what’s left, ahead of heirs, I believe.


11 posted on 12/16/2013 7:48:51 AM PST by Gaffer
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Gaffer

I think they can force liquidation of a house if there is no one in it. We had to sell my mother’s condo.


24 posted on 12/16/2013 7:55:31 AM PST by AppyPappy (Obama: What did I not know and when did I not know it?)
[ Post Reply | Private Reply | To 11 | View Replies ]

To: Gaffer

After you die they can take your house, your car or your personal belongings. States differ in what they take.

They can even go after assets that by-pass probate, for example, real estate in joint name and joint or payable on death bank accounts.

http://www.nolo.com/legal-encyclopedia/how-medicaid-recovers-the-cost-long-term-care-from-your-estate-after-you-die.html

Some heirs are going to be surprised and very angry wishing they had done in Aunt Tillie earlier.


39 posted on 12/16/2013 8:03:15 AM PST by ladyjane
[ Post Reply | Private Reply | To 11 | View Replies ]

To: Gaffer
That's where the look back comes. Parents transfer all their assets to their children if they want them to have anything. Lots of "life use" clauses.

This Obamacare won't give you that option. They'll track everything you have from day 1.

96 posted on 12/16/2013 8:46:41 AM PST by Sacajaweau
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson