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Originally Posted by antlers
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If you go into a nursing home, like a lot of older folks do, state can go back as far as 10 years after your property. In Ga, pretty much everyone gets it to their kids as soon as they can to prepare for this in case it happens.
Medicaid Estate Recovery is federal law throughout the country. Two-thirds of people in nursing homes are funded by Medicaid. If you die and you’ve been a Medicaid recipient (especially of long-term health care), the state government (by federal law) goes after whatever they can get from the estate of the deceased.


The look back period was 5 years, prorated unless that’s changed recently.


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Originally Posted by Old_Toot
Originally Posted by antlers
Quote
If you go into a nursing home, like a lot of older folks do, state can go back as far as 10 years after your property. In Ga, pretty much everyone gets it to their kids as soon as they can to prepare for this in case it happens.
Medicaid Estate Recovery is federal law throughout the country. Two-thirds of people in nursing homes are funded by Medicaid. If you die and you’ve been a Medicaid recipient (especially of long-term health care), the state government (by federal law) goes after whatever they can get from the estate of the deceased.


The look back period was 5 years, prorated unless that’s changed recently.

Your fat azz hasn’t looked over your shoulder looking back since 2001.


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Originally Posted by BobBrown
Originally Posted by Old_Toot
Originally Posted by antlers
Quote
If you go into a nursing home, like a lot of older folks do, state can go back as far as 10 years after your property. In Ga, pretty much everyone gets it to their kids as soon as they can to prepare for this in case it happens.
Medicaid Estate Recovery is federal law throughout the country. Two-thirds of people in nursing homes are funded by Medicaid. If you die and you’ve been a Medicaid recipient (especially of long-term health care), the state government (by federal law) goes after whatever they can get from the estate of the deceased.


The look back period was 5 years, prorated unless that’s changed recently.

Your fat azz hasn’t looked over your shoulder looking back since 2001.


1999.

Have another drink Flave.


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Originally Posted by Old_Toot
Originally Posted by antlers
Quote
If you go into a nursing home, like a lot of older folks do, state can go back as far as 10 years after your property. In Ga, pretty much everyone gets it to their kids as soon as they can to prepare for this in case it happens.
Medicaid Estate Recovery is federal law throughout the country. Two-thirds of people in nursing homes are funded by Medicaid. If you die and you’ve been a Medicaid recipient (especially of long-term health care), the state government (by federal law) goes after whatever they can get from the estate of the deceased.
The look back period was 5 years, prorated unless that’s changed recently.
Medicaid is looked at by the government as an interest free loan for healthcare that you can’t afford, and if you have assets that’ll help reimburse them for spending money on you via Medicaid, they can go after those assets after you die. And it can leave your heirs without the house they ‘thought’ they were gonna get from you after you died.


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Originally Posted by Skankhunt42
Why doesn't Paddler, SuckAssCharlie, or ISRO ever post on topics like this?


Because they did what they intended to do, helped get Trump out .

A few weeks ago (maybe a little longer) a captain in Army intel retired her commission because she said the US gvt was using the same psyops on Americans that it uses on other countries . Including internet trolling and AI. I’ll see if I can find the link

https://freerepublic.com/focus/f-news/3923987/posts

It was on a lot more sites including some msm . But looks cleared up at first glance

Last edited by JeffP; 03/02/21.

Decades of voting for the lesser of two evils has gotten us just that.....
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Originally Posted by antlers
Originally Posted by Old_Toot
Originally Posted by antlers
Quote
If you go into a nursing home, like a lot of older folks do, state can go back as far as 10 years after your property. In Ga, pretty much everyone gets it to their kids as soon as they can to prepare for this in case it happens.
Medicaid Estate Recovery is federal law throughout the country. Two-thirds of people in nursing homes are funded by Medicaid. If you die and you’ve been a Medicaid recipient (especially of long-term health care), the state government (by federal law) goes after whatever they can get from the estate of the deceased.
The look back period was 5 years, prorated unless that’s changed recently.
Medicaid is looked at by the government as an interest free loan for healthcare that you can’t afford, and if you have assets that’ll help reimburse them for spending money on you via Medicaid, they can go after those assets after you die. And it can leave your heirs without the house they ‘thought’ they were gonna get from you after you died.


The look back period concerns transfers of wealth from the patient to other entities and is reviewable for the past 5 years for those who go on Medicaid.

Proper uses of Trusts can help avoid this IF the Trust was established 5 years prior to applying for Medicaid, That’s only one example.

This can vary from state to state.


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Originally Posted by MontanaMan
And then farming will stop.

MM



A bunch of elitist a$$holes need to starve to death.


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Originally Posted by Old_Toot
The look back period concerns transfers of wealth from the patient to other entities and is reviewable for the past 5 years for those who go on Medicaid. Proper uses of Trusts can help avoid this IF the Trust was established 5 years prior to applying for Medicaid, That’s only one example.
If one’s parent lives in their own home, and they have to go into a nursing home long-term for whatever reason...and they were planning on passing their home to their heirs via probate after their death (with or without a will)...the state government can go after that home, and get it. That’s one example too.


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Originally Posted by antlers
Originally Posted by Old_Toot
The look back period concerns transfers of wealth from the patient to other entities and is reviewable for the past 5 years for those who go on Medicaid. Proper uses of Trusts can help avoid this IF the Trust was established 5 years prior to applying for Medicaid, That’s only one example.
If one’s parent lives in their own home, and they have to go into a nursing home long-term for whatever reason...and they were planning on passing their home to their heirs via probate after their death (with or without a will)...the state government can go after that home, and get it. That’s one example too.


Point taken, Antlers.

It does vary from state to state.


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Ethics question. If you have property which is in fact money are you not liable to pay a Bill? Be it for a car or a nursing home. Just wondering how you guys feel about this. Edk

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Originally Posted by ERK
Ethics question. If you have property which is in fact money are you not liable to pay a Bill? Be it for a car or a nursing home. Just wondering how you guys feel about this. Edk


Conversely, how do you feel about folks owning property, a home, vehicles, etc. and claiming Bankruptcy to eliminate debts?


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Tax plan?

Well if cowards just do as they are ordered to do, and keep paying for their own destruction they deserve to loose it all.

The power is 100% in the hands of the people and their tax monies and if they simply say "I can't resist" they get to be right.
But if they are right they should accept it and just shut up about it. It's THEIR CHOISE, not actually the communist's choice.

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Originally Posted by szihn
Tax plan?

Well if cowards just do as they are ordered to do, and keep paying for their own destruction they deserve to loose it all.

The power is 100% in the hands of the people and their tax monies and if they simply say "I can't resist" they get to be right.
But if they are right they should accept it and just shut up about it. It's THEIR CHOISE, not actually the communist's choice.



Do you pay your legally required taxes ?


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Originally Posted by szihn
Tax plan?

Well if cowards just do as they are ordered to do, and keep paying for their own destruction they deserve to loose it all.

The power is 100% in the hands of the people and their tax monies and if they simply say "I can't resist" they get to be right.
But if they are right they should accept it and just shut up about it. It's THEIR CHOISE, not actually the communist's choice.




When was the last year you filed a tax return?


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Originally Posted by stiff
Rain on the scare crow blood on the plow!



Badass song.


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Old Toot. Personally bankruptcy when you have that stuff is not for, me. There are circumstances beyond control at times that make it necessary. I barely survived the first ten years of farming but I never considered bankruptcy. I either made it or not .
Now please answer my question instead of just asking another question. Edk

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Originally Posted by ERK
Old Toot. Personally bankruptcy when you have that stuff is not for, me. There are circumstances beyond control at times that make it necessary. I barely survived the first ten years of farming but I never considered bankruptcy. I either made it or not .
Now please answer my question instead of just asking another question. Edk


Fair enough.

You are responsible.

You are also responsible for planning ahead and effecting those plans.

Okay ?


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Yup. Toot it’s responsibility for our debts. Even an old folks home is a responsibility until your broke.
The taxes on the other hand on stuff that were purchased with money that taxes were already paid on is another subject altogether. Something like a farm should not be taxed 3 or 4 times over. Edk

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What about farm subsidies...? Many see farm subsidies as welfare for farmers.


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Farm subsidies are meant to keep non farmers fat and content for the least amount possible. Gotta keep the workers above bankruptcy. Edk

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