I left off my I felt you meant that not all govt. programs are bad and you are right about being forced to pay for that mess we are throwing our military might around the world like the communists used to act Actually I personally believe our military should protect these shores and let the CIA (and all those other clandestine agencies) go hunt down the terrorists, just my opinion
This is a shining example of wingnut reasoning- Public funding of stuff I like does not = communism (good). Public funding of stuff I don't like = communism (bad).
If your uncle is on Medicaid and is a millionaire, he is committing fraud. He is criminal that is leeching off the system. If you really care about "white guys" getting their money taken from them, you'll turn in your uncle.
I concur Fatty. It is your moral imperative to turn in your uncle to the proper authorities so he can be prosecuted for fraud - he is taking a lot of money from white guys.
Fatty, as usual you don't know what you're talking about. I handled my mom's medical issues for the last couple of years of her life. I became very familiar with what it takes to become eligible for Medicaid. The Medicaid program is for the very needy. Assets such as money in bank accounts and property are taken into account. My mother never qualified for Medicaid and at the time she died her only income and assets were about $10,000 in savings and around $1200/month from Social Security. So, while the specific criteria for medicaid varies from state to state, I can confidently say that if, in fact, your uncle is a millionaire and he is receiving medicaid, he is committing fraud.
Medicaid *pays* him money? Medicaid only works directly with health providers - they don't pay people anything.
With a good lawyer, you can plan around it. Perhaps that's what he's done. There's a special-needs trust, I believe...but it's highly niched and very few estate planning attorneys are knowledgeable enough to create and manage one.
just curious, why would you pay a "good" lawyer to get medicaid when you could just use that money on much better private insurance?
Because people have huge estates to be protected....and if they find themselves in long-term care facilities, they'd rather pass their estates on to their families than give it to the care facilities....so they hire an attorney to put together a trust to allow for that. I struggle with this, frankly. Not sure I find it all that ethical, even if it is legal. There are literally just a handful of attorneys in Houston that do this, as I understand it.
but i guess my point is that on medicaid wouldn't you end up in some hole in the wall while passing on your money. I know you aren't a medicaid specialist and maybe i don't know much about medicaid, but considering its for the poor don't you end up with substandard service? do people really make this choice. how much could it be to stay in a decent facility?
I have heard people that gives all their money and home away to family and then go to nursing homes on medicaid. But setting up a trust is a new one to me, it is sure nice to have money.
