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What else can I help you with?
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.
For medicaid purposes can a life estate property be transferred to another property without having to start all over?
No.
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 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.
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.
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 Medicaid take assets after a death?
Medicaid can file a property lien and/or estate claim to recover expenses from the assets of the deceased recipient.
Do you have to sale your property in order to get Medicaid?
No, you do not have to sell your property to qualify for Medicaid, but the rules can vary by state. Medicaid often allows individuals to keep their primary residence as an exempt asset, provided certain conditions are met. However, if you need long-term care and have significant assets, the state may place a lien on your property or seek repayment after your death through estate recovery. It's essential to consult with a Medicaid planning expert or attorney to understand specific state regulations and options.
Why do you have to pay a lien for a medicaid bill when people who don't own property don't have to pay back their medicaid they received?
Medicaid is a "means tested" program - i.e., it is intended to be used only when the patient has no other resources available for care.
What is the difference between intellectual property rights and intellectual property law?
Intellectual property law defines intellectual property rights.
