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For persons over age 65 and nursing home residents, the state may file a lien on real property and an estate claim to recover payments made by Medicaid.
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∙ 14y ago
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South Carolina's recovery act for Medicaid?
Heir property and medicaid recovery
Is a primary residence protected from Medicaid?
Homestead property is not a bar to receiving Medicaid. However, the State may file a lien on the property, payable when it is sold or otherwise transferred.
Can a person on Medicaid own property in Arkansas?
Medicaid recipients can own their homes (and personal property such as furniture, clothing, etc.). However, they will probably have to sell any non-homestead property, especially if it is not producing income.
What rights do one have to property if you are not married?
If you are not on the deed you have no rights in the property. If you are not legally married and the owner dies you have no legal rights in the property.
For medicaid purposes can a life estate property be transferred to another property without having to start all over?
No.
What are subsequent property rights?
Subsequent property rights would refer to property rights that arise after you take title to the property. An example would be your obtaining an easement from your neighbor after you purchase your property.
Can a person in Texas own a house and property that can be sold for income receive medicaid and government apartment?
I'm not familiar with Texas Medicaid per se, but the Medicaid rules about assets and income are virtually the same nation-wide.If the house/property are your homestead, it is an "exempt" asset for Medicaid purposes. If it's not homestead property, Medicaid will give you a period of time, e.g., six months, to sell the property at more or less its fair market value) - i.e., giving it to the kids for $10 will likely create a serious problem with your Medicaid eligibility, especially concerning long term care such as a nursing home. You may be allowed additional time to sell if you're showing a "good faith effort" to do so (listing it with a realtor, etc.). Once the property is sold, Medicaid will take the net proceeds into consideration in determining your eligibility.I don't have an answer to your question about a "government apartment."
What is the difference between intellectual property rights and intellectual property law?
Intellectual property law defines intellectual property rights.
Are there dower rights on investment property?
In most states there aren't any dower rights on investment property. They have rights on regular property but not inheritance or investment.
What assets can Medicaid acquire once a Medicaid covered elderly person passes on after living in a retirement home?
Medicaid may file a claim against the estate of the deceased recipient, including any real property.
Life liberty property are the basic rights under what?
life liberty property are the examples of the human rights they are like example liekthose are the definition of human rights life liberty and property are the basic rights of human rights
If a spouse quitclaims a property in California do they have any community property rights to it at all?
no there are no rights
