My mom passed away last fall and I just received a letter from NJ
Medicaid office wanting me to document my mom's assets at the time she
died. She was in a nursing home on Medicaid with a portion being paid
by her VA pension and Social Security. She had no assets other that a
VA group life insurance for about $14,000. I and my siblings applied
for an got the life insurance distribution. My question is do I (or
should I) report the life insurance as an asset? Does medicaid have
the right to place a lien on that amount since we are the beneficiaries not her? We've used some it to pay for her funeral services. Any advice will be appreciated!
Medicaid office wanting me to document my mom's assets at the time she
died. She was in a nursing home on Medicaid with a portion being paid
by her VA pension and Social Security. She had no assets other that a
VA group life insurance for about $14,000. I and my siblings applied
for an got the life insurance distribution. My question is do I (or
should I) report the life insurance as an asset? Does medicaid have
the right to place a lien on that amount since we are the beneficiaries not her? We've used some it to pay for her funeral services. Any advice will be appreciated!