Can Medicaid take the life insurance policy that was left to me as a beneficiary?

Can Medicaid take the life insurance policy that was left to me as a beneficiary?

I am the beneficiary to a life insurance policy that my Uncle issued and died a year ago.He was in a nursing home in Massachusetts until his death and medicare took all his assets and cashed them in for his care during his stay at the nursing home. His life insurance company has been mailing me for me to send them the death certificate and to fill out the form so they can send/deposit the life insurance policy check in my bank account.I called and I asked the insurance agent if I was truly entitled to that check and after a long wait of her asking her supervisor, she came back and assured me that I can accept this life insurance policy check without any fear of fraud,and that the government was not going to put me in jail if I used this life insurance money.She assured me I don’t need a lawyer to fill out the basic form and send it back with the death certificate and they will send me the check or deposit it into my bank account.Please , I need some advise. I could really use the money(can’t we all) but I do not want to risk jail or a fine trying to get back on my feet.. I know I will need to pay taxes on this cash if it is legally mine but I don’t even know the correct form to get. Thanks!

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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Can Medicaid take the life insurance policy that was left to me as a beneficiary?

I am the beneficiary to a life insurance policy that my Uncle issued and died a year ago.He was in a nursing home in Massachusetts until his death and medicare took all his assets and cashed them in for his care during his stay at the nursing home. His life insurance company has been mailing me for me to send them the death certificate and to fill out the form so they can send/deposit the life insurance policy check in my bank account.I called and I asked the insurance agent if I was truly entitled to that check and after a long wait of her asking her supervisor, she came back and assured me that I can accept this life insurance policy check without any fear of fraud,and that the government was not going to put me in jail if I used this life insurance money.She assured me I don’t need a lawyer to fill out the basic form and send it back with the death certificate and they will send me the check or deposit it into my bank account.Please , I need some advise. I could really use the money(can’t we all) but I do not want to risk jail or a fine trying to get back on my feet.. I know I will need to pay taxes on this cash if it is legally mine but I don’t even know the correct form to get. Thanks!

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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I am the beneficiary to a life insurance policy that my Uncle issued and died a year ago.He was in a nursing home in Massachusetts until his death and medicare took all his assets and cashed them in for his care during his stay at the nursing home. His life insurance company has been mailing me for me to send them the death certificate and to fill out the form so they can send/deposit the life insurance policy check in my bank account.I called and I asked the insurance agent if I was truly entitled to that check and after a long wait of her asking her supervisor, she came back and assured me that I can accept this life insurance policy check without any fear of fraud,and that the government was not going to put me in jail if I used this life insurance money.She assured me I don’t need a lawyer to fill out the basic form and send it back with the death certificate and they will send me the check or deposit it into my bank account.Please , I need some advise. I could really use the money(can’t we all) but I do not want to risk jail or a fine trying to get back on my feet.. I know I will need to pay taxes on this cash if it is legally mine but I don’t even know the correct form to get. Thanks!

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes

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Can Medicaid take the life insurance policy that was left to me as a beneficiary?

I am the beneficiary to a life insurance policy that my Uncle issued and died a year ago.He was in a nursing home in Massachusetts until his death and medicare took all his assets and cashed them in for his care during his stay at the nursing home. His life insurance company has been mailing me for me to send them the death certificate and to fill out the form so they can send/deposit the life insurance policy check in my bank account.I called and I asked the insurance agent if I was truly entitled to that check and after a long wait of her asking her supervisor, she came back and assured me that I can accept this life insurance policy check without any fear of fraud,and that the government was not going to put me in jail if I used this life insurance money.She assured me I don’t need a lawyer to fill out the basic form and send it back with the death certificate and they will send me the check or deposit it into my bank account.Please , I need some advise. I could really use the money(can’t we all) but I do not want to risk jail or a fine trying to get back on my feet.. I know I will need to pay taxes on this cash if it is legally mine but I don’t even know the correct form to get. Thanks!


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BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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Can Medicaid take the life insurance policy that was left to me as a beneficiary?

I am the beneficiary to a life insurance policy that my Uncle issued and died a year ago.He was in a nursing home in Massachusetts until his death and medicare took all his assets and cashed them in for his care during his stay at the nursing home. His life insurance company has been mailing me for me to send them the death certificate and to fill out the form so they can send/deposit the life insurance policy check in my bank account.I called and I asked the insurance agent if I was truly entitled to that check and after a long wait of her asking her supervisor, she came back and assured me that I can accept this life insurance policy check without any fear of fraud,and that the government was not going to put me in jail if I used this life insurance money.She assured me I don’t need a lawyer to fill out the basic form and send it back with the death certificate and they will send me the check or deposit it into my bank account.Please , I need some advise. I could really use the money(can’t we all) but I do not want to risk jail or a fine trying to get back on my feet.. I know I will need to pay taxes on this cash if it is legally mine but I don’t even know the correct form to get. Thanks!


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