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226

If their long term health care runs out and they have to go on medicaid, they take everything, everything. They go back 5 years so be warned.

If their long term health care runs out and they have to go on medicaid, they take everything, everything. They go back 5 years so be warned.

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[–] 6 pts

need to hire an estate planner and attorney to use trusts to protect assets

[–] 2 pts

Yep, and before you think you need to.

[–] 0 pt

For sure. My mom did this the second she got on Medicaid. She sends me updates to toss in the safe yearly.

[–] 5 pts

. #TRUTH - The government will seize all assets from seniors who can no longer care for themselves if they are put in government "provided" long term care. It's hard to project five years out but if possible, transfer ownership of everything to those who would 'acquire' them via a Last Will & Testament.

[–] 2 pts

Its complicated, get a lawyer versed in this

[–] 1 pt

Until there is a massive uprising things will only get worse.

[–] 1 pt

Who takes what?

[–] [deleted] 2 pts

Turbokikes take from whitey in order to supply gibs for groids.

[–] 2 pts

goverment takes it all, get a lawyer and prepare

[–] 2 pts

they take $ from the parents? or they go after you?

[–] 2 pts

They take all from parents, all incoming and anything else they own.