Legal Question in Wills and Trusts in Missouri

If a family member buy the house of a diseased parent can the state Medicade still take any of the money?


Asked on 7/15/13, 6:27 am

1 Answer from Attorneys
Anthony Smith LawSmith

If the family member buys it for less than fair market value or within three years of the person's death, Medicaid or Medicare can seek reimbursement. Also, there are the proceeds of the sale to be considered. The diseased person should consult directly with an estate planning attorney in their area. Many offer a free or low cost initial consultation.

Good luck

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Answered on 7/15/13, 7:24 am


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