1948Peachy wrote: »
Flea ~ My mom was on Medicaid in a nursing home. My brothers had her put her house in the name of my sister and I over 5 yrs before she had to have this assistance. In the end, we were able to keep the house. I know a lot of folks will think that was not an honest thing for them to have done, but, that's how it ended up.
Carol in GA
OregonMother wrote: »
So . . . in case anyone out there ends up on medicaid or you have someone on medicaid, it took a little over two weeks after my mil's death for the state to put a lien on her estate/trust. We have been curious about the amount, and basically, it is well over the actual value of the house. The tax assessment is $50,000 more than that, but the house is in such horrible shape -- that assessment is probably what it would be worth if it were in prime condition.
I don't know if they expect us to sell furniture and her car to try to make up the difference? She has a very nice Ethan Allen bedroom set that is promised to a niece. I don't know if she is going to be able to have it now. We also bought IKEA furniture for her to use in the assisted living place. But it's in the house now. Is that considered an asset? This is not going to be pretty.
So hubby is upset. The dollar amount is much more than he was expecting, but it is actually less than I was expecting. I don't know what happens next.
The really, really bad thing about this is that two of my husband's sons left their apartment and moved into the house, thinking we would have time for them to build up some cash reserves, get a loan, and buy it. But I don't think that is going to happen. So not only will they lose the house, but we have all lost the money we put into it trying to make it habitable for the boys.
I will say "I told you so" here and to my mother, but not to anyone else. Over a year ago, when we started cleaning it out so the boys could move in, I argued against it. I told my husband we needed to clean it out, then all gather at the house, thank it for the service it provided to his mother, and walk away. He couldn't do it. I understand why -- he never really accepted the fact that they were going to take all of the assets until just last week. Last night, he was in denial again -- "We can negotiate." "It's immoral." <sigh>
It's not immoral. And I'm fairly certain they will not negotiate. Medicaid has already negotiated with providers on cost, so I don't think there's any more room for that, but we will see.
I am just sick about the boys. We will help get them set up again, but literally, they moved into the house two weeks before she died, so they've been there six weeks.
Willamette Valley, Oregon
LisaInAR wrote: »
Flea, there's some really interesting information in this article, and there is a hardship clause which might keep them from grabbing the house, but the family would have to fight for it. Much depends on Oregon law.
As to how much is owed, they just say, "There is a limit on how much can be recovered by the state. States cannot recover more than the total amount spent by Medicaid on the individual’s behalf at or after age 55. Also, states may not recover more than the amount remaining in the estate after claims of other creditors are fully satisfied. The order of payment by which creditors are paid is set forth in state law."
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