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Fuelman
4 Feb 2026 9:48 am
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LowIQTrash » 03 Feb 2026, 6:10 pm » wrote: @Fuelman  

Remember that convo about MAR? You should have told that family member to convert majority of assets into coins (copper / nickel / zinc) like nickels and quarters and buy silver/gold coins or bars.

Then they can have a "boatinG accident!"

Why give the STATE all your money???!!!  Image
MAR (Medicaid Asset Recovery) is a topic most have no clue what it is about if you've never had the experience.

It's imperative to protect assets 5 years prior to going on Medicaid. If there has been any gifts or property transfers in that 5 year period you will have a time penalty for when you qualify for Medicaid. 

MAR comes in after the person on Medicaid dies. A last check by the state to see if there are any hidden assets that can be recovered.

If you are DPOA for your elderly parents, document everything or you might end up stepping on a landmine.




 
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