The life insurance policy is for the amount of 60,000. My deceased sister left her this money through her life insurance policy. I don't want it to affect my mother's Medicaid. So I don't know if it would be wise to forfeit the claim and let it go to the other beneficiaries or claim it and see what options she may have that will not affect her Medicaid and SSI benefits, if there are any? She left her this money so that she could be taken care of, but unfortunately it is causing more harm than help. Please advise as to what options there are available.
FYI: She resides with me full time in the state of Florida I am also one of her POA as well as my other sister.