My friend is about to inherit approx $20,000 from her mother's estate in Colorado. She is disabled and receives SSI and Medicaid. She cannot afford to lose her medicaid so what should she do?
Thanks
Asked on 8/05/09, 2:57 pm
1 Answer from Attorneys
John Campbell
Law Offices of John J. Campbell, P.C.
Your friend should contact the Colorado Fund for People with Disabilities to see about opening a Pooled Trust account. She could place her inheritance into such an account and not lose SSI or Medicaid. The monies in the account could then be used to supplement her public benefits.
Answered on 8/10/09, 3:25 pm
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