JULY 20, 2001
DEAR JENNJENN:
Each asset item must be considered separately when determining what is part of an estate. Most items will be included as part of an estate, with the exception of life insurance policies, which are well known to be excluded. The money you receive as a beneficiary from the insurance policy would not be included, while the retirement benefits would be included.
I'm sorry I can not be of more help to you since I have no experience dealing with Medicaid issues.
With an estate as large as the one you are dealing with, and one that is complicated since the issue of Medicaid is involved, you would be smarter to consult with a local attorney in your area to get the best advice on how to proceed. You should also post this question on the
http://www.lawguru.com website and also on any other message board on the freeadvice.com website that deals with insurance or medical issues, since it is more likely that an attorney who is experienced in this area will respond.
SINCERELY,
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