Posted by LAA on December 10, 2015 at 11:02:49 from (217.175.64.196):
In Reply to: John T question posted by NY 986 on December 10, 2015 at 07:40:20:
He won't be in the clear if he runs around and tells everybody in town about it, otherwise I doubt if the federal government will ever hear about it, almost all nursing homes are run by experienced scammers and they want the Medicaid money more than they want the old mans money, the government pays more than they can get away with bleeding out of a private citizens personal funds. When the old gent croaks and the boy inherits he does not have to report anything as long as it is not above the federal death tax threshold which is pretty high right now. I personally believe that if people choose nursing homes or hospices etc. they ought to be willing to pay for it if they have the money or assets and not Palm it off on the tax payers, but on the other hand the old man probably paid a good bit of taxes over the years that he got nothing out of so it may all work out even.
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