QUESTION
I need to apply for unstitutional medicaid for my mom but she had a life insurance policy which back in 1995 she signed and made me the owner
Asked on Jun 18th, 2014 on Medicare and Medicaid - New Jersey
More details to this question:
of the policy. I want to know in the process of applying for the medicaid instutional do i have to disclose this life insurance policy???? Thank you for your help.
1 ANSWER
2 Awards
If your mother is not the owner of the policy then it is not her asset so you do not disclose the ownership of that asset. It is outside the five year look back period.
Answered on Jun 18th, 2014 at 3:20 PM
Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship