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If you inheritance is split three ways can one person have…

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If you inheritance is split...
If you inheritance is split three ways can one person have his portion left to a corporation to avoid paying back Medicaid bills
Submitted: 3 years ago.Category: Estate Law
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Answered in 2 hours by:
6/13/2015
Estate Lawyer: DamienJD, Attorney replied 3 years ago
DamienJD
DamienJD, Attorney
Category: Estate Law
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Hello and Welcome! My name is***** am a licensed attorney. I have assisted hundreds of others with their legal questions. I am happy to help you!
I person can renounce the shares of on inheritance but it would go to the other heirs. If the heir assigns the moneys to a corporation, then it could effect Medicaid reimbursement because the money would have been in the hands of the heir to facilitate the assignment.
The way to handle this is to make a motion to the court to set up a supplemental needs trust to put the heir's inheritance into a trust so to avoid Medicaid penalties.
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