Wis. to claim marital property for Medicaid debts

Posted: Sunday, August 18, 2013 --- 4:28 p.m.

MADISON, Wis. (AP) -- Provisions in Wisconsin's new budget dramatically expand the state's ability to lay claim to dead couple's property to recoup their Medicaid expenses.

Attorneys who specialize in elder law say the provisions will reduce couples' ability to pass on their assets to their children.

The budget allows the state to take a dead couple's joint marital property to recoup the cost of one spouse's participation in Medicaid-funded long-term care programs, such as Family Care.

The budget also requires that if someone seeking Medicaid coverage for long-term care gets rid of assets, that property must be sold at full market value.

Elder law attorneys say that means heirs would have to pay full price for farmland or other things they might have received for free or at a discount.

Copyright 2013: Associated Press


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
NBC15 615 Forward Drive Madison, Wisconsin 53711 Business: 608-274-1515 Newsroom: 608-274-1500
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 220120901 - nbc15.com/a?a=220120901
Gray Television, Inc.