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We are going to have a professional group handle it once we FINALLY find all of her papers and get them out. This my mom's house prior to selling. She is currently IN MC.


My poor shredder!

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In my area we just lost an Estate sale agency. I think Medicaid does worry about antiques. Anything worth money.

My Mom never was into knik knaks. What crystal she had was given to her by a friend when she broke up house. We weeded the junk out. What none of us took, we gave to a thrift shop.
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Reply to JoAnn29
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I kinda worry about the Kon Marie trend. But there are always the peeps with their shops and such, so it may not be a total wash.

Thanks all
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Reply to Segoline
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Isthisrealyreal Feb 24, 2019
In my area, estate sales are like busy ant hills.

I agree letting the professionals handle this, they have the pulse of the market and no sentiment, here is the price and out the door it goes. Yippy.
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You just never know what mightjump up and bite you, hence my question. I want professionals to handle because I don't want to deal with it. I am fine with their percentage. I think i will call and ask Medicaid.

We had the house professionally appraised as I am well aware of Fair Market Value stipulation.
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Reply to Segoline
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Ask them. I think that personal items are exempt and that is what you are selling.

The worse that can happen is you need to have a plan for spend down so her maximum allowable cash isn't exceeded.

It is always the best policy to be open and honest and questioning. If they caught you trying to get away with something it could effect how they deal with you for a very long time.
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Reply to Isthisrealyreal
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My shredder is on overtime also as we are moving out of our house of 31 years. I have gone to estate sales for years. My concern for you with Medicaid would be a contract you might have to sign with a company handling the sale. You are likely too overwhelmed to do it yourself but if you could with help from any possible family or friends willing to help you would not be giving up a percentage and it would be cash for you. I don't know where in the country you are but the general word out is that these sales are not doing as well as in the past as certain vintage items or antiques are less desirable as millenials are not seeking them. Of course this may be different depending on where you are. I have 3 millennial children and could only pass on certain items due to their tastes and choice of lifestyles. I also am seeing the change in the state I have lived in and the one I am moving to. I may not have helped you with your question but just wanted to relay what I know about which has been an active shopper at estate sales. Now I am trying to get rid of some of that. I don't regret it as I have found some wonderful items over the years that I am keeping. Just a quick add on. Some companies will do much better for you than others as they are realistic with pricing and have a following for that very reason. I have been to sales at the last hour of the last day and with some companies it seems as nothing has sold and the prices are higher than a retail shop. Sorry for the long answer.
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Reply to Riverdale
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If it’s just ordinary household goods, they can be sold for whatever you can get for them. If cars, motor homes, etc. or the home itself are sold, they must be sold for Fair Market Value. If you put the cash in her bank account & it goes over $2000, it will affect Medicaid. At least that’s how it is here in GA.
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