Estate Law Questions? Ask an Estate Lawyer.
Welcome to JA and thank you for your question. I will be the Attorney that will be assisting you.
What the title company and the other attorney on this told you is correct. The money could impact Medicaid and MUST be reported to Medicaid.
Although the escrow officer at the title company said we would receive a settlement statement to reflect all these disbursements leaving us only $1,500 each, I do not want the sale of the house to raise any red flags with Medicaid which might put my brother's care in jeopardy or be held liable in any way as his POA You would only be looking at fraud if you fail to report the income. Are you online with me?
It is too bad estate planning was not involved to set up a special needs trust for your brother. Where in Texas are you located so I can provide a link for local attorneys that provide FREE consultations that can assist you?
Please do not hesitate to ask me additional questions that you may have with regard to this matter.
If you would be kind enough to rate my service positively I would appreciate it.
Ray a new expert here.Are you the executor of the estate or do both of you have legal title?
- I called a couple of other elder care attorneys and
I recently took my elderly parents to an elder law/estate