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My mother went into a nursing home on medicaid. I was very upfront about what her assets are. They are aware that she has a low face value life insurance policy. I am the beneficiary. The face value of the policy will not be enough to pay for her funeral. 4 -5 months into her stay at the nh, the financial person asked me who her life insurance policy was with. I told them. I know from medicaid planning seminars I've attended that there is a simple yes or no answer to this question. it just slips my mind whether the answer is yes or no.

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My understanding is that If the beneficiary of the policy is the estate (which can be done), then the insurance payout is an asset of the estate to be dealt with in probate. if you are the beneficiary, then the $ is yours to spend as you choose.
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