Michigan Adopts Estate Recovery
On September 30, 2007,
Governor Granholm signed into law the Michigan Medicaid Estate Recovery Program.
Michigan now joins the rest of the 49 states by enacting an estate recovery
program. Estate recovery was mandated by Federal Medicaid rules, although
Michigan was the last rebel to ignore the Federal mandate.
Estate recovery is a program
to allow the state to seek reimbursement of Medicaid dollars spent on a
recipient after the recipient dies. Generally, persons on Medicaid are
impoverished and have less than $2,000.00 in assets, excluding a house and a
certain amount to the spouse, if any, living at home. Estate recovery is aimed
at recovering Medicaid dollars from the equity in the home after the recipient
and spouse dies.
Michigan Medicaid Estate
Recovery Bill directs estate recovery only against the probate estate of the
recipient, and possibly, the recipient's spouse. With proper planning, a probate
estate can be avoided with beneficiary designations and "ladybird
deeds."