Posted on 12/24/2013 4:27:25 PM PST by Libloather
After he/she dies and the money is gone the state cant sue the kids for the parents nursing home costs. There is no legal way to do that.
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Not according to the estate planning attorney last week. 7 years and now 10, not only for eligibility but for collections.
Read yourself.
One other note. Property law, which is (and now is attempting to be destroyed)has at it’s foundation INTRUSION law. This is actually the defense (Intrusion law) that they’re attempting to override and undermine as the basis of the takeover. Even harrassment of the Health Care Power of Attorney.
(Try getting discharged from a hospital and watch how the social workers are allowed into the actual hospital room and have the medical history)
Show me a law where besides marriage where one person has to pay another’s past bills with their own money after they are dead.
Mybe I am wrong but this sets off the skeptic’s alarms.
Thanks Libloather.
“The elimination of inherited wealth is a plank of communism.”
And there you have it, ladies and gentlemen. That’s the entire substance of the matter, in ten words.
I see this at link buried that implies something:
“Federal policy defers to states regarding how they track or monitor assets that pass to protected relatives in cases where the State retains its right to future recoveries from Medicaid recipients’ survivors. There are logistical problems inherent in keeping track of assets for long periods of time, and figuring out which of the survivor’s assets originally belonged to the deceased Medicaid beneficiary presents a number of practical problems. In addition, some states waive future recoveries to avoid the ugly task of collecting from those relatives long after their loved one’s death or years later when they decide to move to another home. How much potential Medicaid revenue is lost when a state elects this option is not known.”
I was watching TV this evening when as I recall Cabutto was dialoguing with Bill Gates. What a smug know-it-all person Gates displayed with his opinions and societal beliefs. He is now way up as to personal wealth and he acts like ordinary working people should idolize his views. Nothing worth anything about having ordinary working persons being beneficiaries of a growing economy. This guy is one smug and smirking money only counts person. For those who believe that money/wealth is the true social value of a person I can understand their homage to people like Gates.
1.) They can only give away 14K a year to each of their kids.
2.) A lien will be put on any gift that occurs within five years of running out of money for any nursing home expenses.
Those are the general rules.
“Federal policy defers to states regarding how they track or monitor assets that pass to protected relatives in cases where the State retains its right to future recoveries from Medicaid recipients’ survivors. There are logistical problems inherent in keeping track of assets for long periods of time, and figuring out which of the survivor’s assets originally belonged to the deceased Medicaid beneficiary presents a number of practical problems. In addition, some states waive future recoveries to avoid the ugly task of collecting from those relatives long after their loved one’s death or years later when they decide to move to another home. How much potential Medicaid revenue is lost when a state elects this option is not known.”
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My state does this. The state has enormous power here.
The issue is being enrolled without consent, first.
Assets are inflated, too. It is a wash.
But you can see where those rules break down with Obamacare where people have assets and retire at say 55 and medicaid pays their medical bills till 65, then they die at say 80 years old.
Those rules were intended for the huge cost of late years nursing homes by those who want to give that money instead of paying for it themselves.
Obamacare still leaves taxpayers on the hook for most of it.
“The issue is being enrolled without consent, first.”
And for those deciding to opt out with the Robert’s tax, we believe the possibility of the HHS-IRS to red flagg these in the future, and automatically enroll (without consent) based on 1044. And furthermore, harrass those above the income threshold, to forced them into a plan.
(not at all above them after the “Tea” party group registration harrassments)
It’s alwya been the case in California.
If you get Medical (Medicaid) medical service when you die the State gets refunded any thing they spent from any of your assets.
Shutup!
Pure greed.
SO? In case you haven't noticed legal si whatever they say it is.
If that is true, when Americans sign up for Medicaid $$$ to pay their medical bills which comes from running up future taxpayers tab via national debt, wouldn't it make sense to recover that $$$$ from their assets?
I mean they always have the chose to pay their own medical bills rather than going to taxpayers for the bill.
Bill Gates is a one trick pony. I have never been impressed by anything about him other than he was in the right place in the right time. His smugness is appalling, and if you want to see an example just look at the commercial that he and Warren Buffet were in a few years ago, just plain weird and condescending.
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