Yes, there are chances that Medicaid would put a lien on the house for reimbursement of her medical cost that medicaid paid for.
Thanks
dawn migliore Guest
Posted: Sun May 10, 2009 10:16 am Post subject: lien
i am a part owner of a bldg, my uncle is the other owner medicaid wont kick in till they exhaust his assets, we are selling the house but power of attorney on his behalf went to his daughter because he is considered incompetent to handle things, will he still get 90 days to turnover his portion of the home to his kids so medicaid doesnt put a lien on his share and if yes does that mean when its sold his kids can keep the money or does medicaid want whats owed to them? the house is paid for
Though he has given a power of attorney to his daughter, he can still transfer property to his kids. However, you have mentioned that he is considered to be incompetent to handle things. In such a situation, it would be better if the daughter handles these things on his behalf.
Medicaid has the right to recover the money from the kids. Moreover, you should note that Medicaid has a look back period of 5 years. Any transfer of property within the last 5 years will make your uncle ineligible for Medicaid benefits. _________________ Procrastination is the enemy of your financial sucess
salvasanc Guest
Posted: Tue Oct 27, 2009 10:39 pm Post subject: Medicare taking parents assets after death
My Dad past two years ago and my mom past recently both with no will and both had medicare,there names are the only names on the grant deed, Medicare wants the house for paymet, It is legal for them to take the house.
As far as I know, Medicare can go for estate recovery in order to recover their dues. You may consult an attorney who is an expert in Medicare laws and take his opinion in this case. _________________ Procrastination is the enemy of your financial sucess
jameshogg
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