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It becomes a part of their estate. It will be valued and the executor will have to either sell it to pay debts or transfer title to the beneficiaries. In most cases it will have to be sold to pay any debts that exist.

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Q: If a person is on medicaid and they die what happens to their time share property?
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Related questions

What happens if siblings inherit property share and share alike and then later one dies?

Their share becomes a part of their estate.


Can you force a remainderman to relinquish his share?

No, you cannot force a person to relinquish his share in the property.


What happens when one of a group of beneficiary dies before the property is settled?

Their share goes into their estate.


Does a will override a deed made offering a share in a property if the person died before the property in which the share was offered came up for sale?

You need to get the professional advice of a solicitor (attorney) on this.


How costly is Medicaid?

Medicaid is by far the government's most expensive general welfare program. In 1966, Medicaid accounted for 1.4% of the federal budget, but by 2001, its share had risen to nearly 9%.


What if your doctor perscribed ensure how do you get it through medicaid or medicare?

There are no flags for this answer. Manage Flags Share What if your doctor perscribed ensure how do you get it through medicaid or medicare


What type of property ownership allows each person to own their share independently with the right to transfer that share by sale or will?

Tenants in common can sell their interest and leave it by their Will.


Is it ok to share my wife?

No, she is not your property to share.


Where is a dermatologist who accept medicaid share cost located?

miami or fort lauderdale fl


What do time shares do?

Usually a resort type location, a time share is a piece of property that several people have partial ownership of. Every person who owns a part of that time share can use the property for purposes such as vacationing or renting it out to other travelers.


Does Medicaid cover power chairs or scooters?

" If you are under Medicaid and you are in need of an electric wheelchair to make life easier for you to live, you will see that Medicaid will be able to share the cost of buying the equipment or if you are under the managed care plan, you will see that Medicaid will be able to cover all the cost."


The LARGEST share of the Missouri state budget goes to pay for?

The largest share of the Missouri state budget goes to pay for Medicaid. The second largest share goes to education.