In a way, you are talking about Medicaid. Medicaid can and does go after your assets after you’re gone, as many a bewildered widow or widower has found.
Medicaid shares one point of this proposed seven point plan.
Medicaid is as much like this proposed plan as a banana is like a yellow corvette.
If they go into medicaid there is a 5-year look back on assets. When they die, the government will send a bill to the estate providing 9 months to pay it. For most families they have to sell the house. Average medicaid bill for life $400,000. Going to $1.2 million in 10 years.