lagoon8622@sh.itjust.works to Showerthoughts@lemmy.worldEnglish · 10 days agoFor-profit healthcare systems are designed to extract every last pfennig from a person's estate before they die.message-squaremessage-square54linkfedilinkarrow-up1402arrow-down111file-text
arrow-up1391arrow-down1message-squareFor-profit healthcare systems are designed to extract every last pfennig from a person's estate before they die.lagoon8622@sh.itjust.works to Showerthoughts@lemmy.worldEnglish · 10 days agomessage-square54linkfedilinkfile-text
minus-square「黃家駒 Wong Ka Kui」 | (aka: 鳳凰院 凶真 Hououin Kyouma)@sh.itjust.workslinkfedilinkarrow-up9·9 days agoPro Tip: DEED TRANSFER TO YOUR KIDS BEFORE YOU GET SICK ffs
minus-squarephdepressed@sh.itjust.workslinkfedilinkarrow-up7·9 days agoNo one plans to get sick when they do.
minus-squareZink@programming.devlinkfedilinkarrow-up2·9 days agoYou would have to do the transfer several years beforehand anyway, iirc. There’s a 5-year lookback on medicaid anyway.
minus-squarebtsax@reddthat.comlinkfedilinkarrow-up7·9 days agoYou have to do this at least five years in advance. Also another option is to put your assets in a trust. But if you do either of these with your house you may lose property tax exemptions like a homestead exemption.
minus-squareanon_8675309@lemmy.worldlinkfedilinkarrow-up4·9 days agoOnly if your kids aren’t assholes.
Pro Tip: DEED TRANSFER TO YOUR KIDS BEFORE YOU GET SICK ffs
No one plans to get sick when they do.
You would have to do the transfer several years beforehand anyway, iirc. There’s a 5-year lookback on medicaid anyway.
You have to do this at least five years in advance. Also another option is to put your assets in a trust. But if you do either of these with your house you may lose property tax exemptions like a homestead exemption.
Only if your kids aren’t assholes.