"By law, if you are 55 or older AND receive Medical services, DSHS may recover from your estate (assets you own at the time of death) to repay DSHS for the costs of medical assistance. This is called ESTATE RECOVERY. If you have dependent heirs, estate recovery may be delayed for some hardship reasons. Estate recovery does not occur until after death and the death of your surviving spouse, if any. DSHS may recover the costs for state-only funded long term care services received at any age. We may also file and recover the Pre-Death liens subject to requirements of 42 USC 1396p. Pre-Death Liens and Special Needs Trust can occur before your death." So beware of Obama Care! If you are lucky enough to own a home or property. They ask for verification of any retirement or any income you have. They also want "bank statements, IRA bonds, life stock, car registrations, properties, life insurance, etc."
Posted on: Mon, 10 Jun 2013 13:26:40 +0000
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