lagoon8622@sh.itjust.works to Showerthoughts@lemmy.worldEnglish · 3 days agoFor-profit healthcare systems are designed to extract every last pfennig from a person's estate before they die.message-squaremessage-square54linkfedilinkarrow-up1393arrow-down111file-text
arrow-up1382arrow-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 · 3 days agomessage-square54linkfedilinkfile-text
minus-square「黃家駒 Wong Ka Kui」 | (aka: 鳳凰院 凶真 Hououin Kyouma)@sh.itjust.workslinkfedilinkarrow-up9·2 days agoPro Tip: DEED TRANSFER TO YOUR KIDS BEFORE YOU GET SICK ffs
minus-squarebtsax@reddthat.comlinkfedilinkarrow-up6·2 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-squarephdepressed@sh.itjust.workslinkfedilinkarrow-up7·2 days agoNo one plans to get sick when they do.
minus-squareZink@programming.devlinkfedilinkarrow-up2·2 days agoYou would have to do the transfer several years beforehand anyway, iirc. There’s a 5-year lookback on medicaid anyway.
minus-squareanon_8675309@lemmy.worldlinkfedilinkarrow-up4·2 days agoOnly if your kids aren’t assholes.
Pro Tip: DEED TRANSFER TO YOUR KIDS BEFORE YOU GET SICK ffs
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.
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.
Only if your kids aren’t assholes.