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Reply to "Government coming back for expenses after death?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't think it is the IRS...they only collect taxes. It would be Medicaid? I would assume there is a time frame where it could happen.[/quote] Yes it's almost surely Medicaid. And the rules are complex. You generally aren't supposed to shield your assets, but yes an irrevocable trust is a way to do it. There are sometimes "look back" periods. So you can't create a trust one day and then the next go to Medicaid and say you have no money. I think it varies by state laws- in many it's around 5 years. Don't have all the details but was talking to a friend about this.[/quote] https://www.verywellhealth.com/irrevocable-trust-medicaid-4173386 So OP, my first guess is that the trust wasn't set up early enough. But the details are very important so hard for us to know.[/quote]
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