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Forum Newbie
Group: Forum Members
Last Login: 11/26/2008 9:32:12 PM
Posts: 5,
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Assuming a Medicaid application is made and all transfers are either allowable or have been "cured", there is still the issue of the Life Estate Interest your mother holds. For Medicaid eligibility considerations, a Life Estate Interest has value (the Medicaid attorney can calculate that) but, regardless of the established value, the value is excluded and will not keep her off of Medicaid. However, after her passing, Medicaid Estate Recovery policy is such that KY could conceivably file a claim against the value of the life estate (there are a number of variables here that your attorney can sort through).Good healthy to you !
lovely woman
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