Medicaid Estate Recovery, Not Today
Medicaid estate recovery allows the state and federal governments to recover Medicaid costs paid on behalf of an aged institutionalized or permanently institutionalized individual. Exemptions or limitations to recovery may apply. They include:
- The deceased individual has a surviving spouse;
- There is a surviving child under the age of 21;
- There is a surviving child or disabled child;
- the total value of an estate is $10,000 or less;
- It is not cost effective to recover from the estate;
- The estate consists of a sole income-producing asset of surviving family members, i.e. family business or farm;
- An estate heir has continuing health care needs; or
- An estate heir has continuing educational needs.
Practice area(s): Estate Planning, Probate