Medicaid Laws
Are the beneficiaries of a life insurance policy permitted to keep the money if the person that died was on Medicaid in a Nursing Home for the last two years of life
Asked on 12/29/08, 9:56 am
1 Answer from Attorneys
Duke Drouillard
Drouillard Law, LLC
Re: Medicaid Laws
Generally, yes they are permitted to keep the money. It would depend on other details such as whether the insurance proceeds were paid directly to the beneficiaries or paid into the estate and then distributed to heirs of the estate.
Answered on 1/07/09, 6:27 pm
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