Medicaid Estate Recovery Program - TEXAS - What is the total sum of assets allowed before the state will feel it's worth their effort for MERP recovery? Does Final Expense get considered, which exceeds the value of their car and combined cash in the bank account.
Both parents passed away within 17 days apart, both resided in SNF, upon death the only assets were a car, which by Kelley Blue Book values at 7K (too high for this car but anyway...)and the cash in their bank was less then totaled of $550.00.
Does FINAL EXPENSE, which is in the sum of over $9K, just under $10,000.00 get considered by MERP the estate is upside down, and my parents are considered indigent?
I'm paying an elder attorney, and I want to get this over with. I owe the funeral home the remainder which is 9K, I spent out of my own pocket a sum of $1K, which I'd like to reimburse myself, and keep the car to offset what I am spending for their Final Expense. Does Final Expense get considered BEFORE assets meaning cash, or car value?