http://michiganelderlaw.info/2008/03/07/rapid-changes-in-medicaid-law-require-constant-vigilance/ Help for Michigan Seniors on Estate Planning, Disability Planning, Medicaid and Nursing Homes Mon, 07 Jul 2008 10:45:49 +0000 http://wordpress.org/?v=MU http://michiganelderlaw.info/2008/03/07/rapid-changes-in-medicaid-law-require-constant-vigilance/#comment-47 Estate Recovery « Michigan Elder Law Tue, 11 Mar 2008 03:22:40 +0000 http://michiganelderlaw.wordpress.com/?p=8#comment-47 [...] Right now it is possible to title a home so that it will transfer without probate, avoid estate recovery, and not be considered a divested and subject to penalty. But there are several concerns here. First of all, it is important to understand that this only works under existing law. But Michigan’s estate recovery law is not yet finalized and subject to change. It remains to be seen whether the state will try to take other assets and it is possible that such changes could be retroactive. [...] [...] Right now it is possible to title a home so that it will transfer without probate, avoid estate recovery, and not be considered a divested and subject to penalty. But there are several concerns here. First of all, it is important to understand that this only works under existing law. But Michigan’s estate recovery law is not yet finalized and subject to change. It remains to be seen whether the state will try to take other assets and it is possible that such changes could be retroactive. [...]

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