Search for: "Trustee and Administrator of the William A. Clark Qualified Settlement Fund"
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10 Jul 2013, 7:43 am
LEXIS 904 (Dec. 24, 2013)(decedent, before death, bought life insurance policy for $12,000 with proceeds assigned to create irrevocable trust; trustee was to pay funeral expenses if bill presented within 45 days of death; one month later, decedent gave son over $4,000 and applied for Medicaid benefits the following months; state Medicaid agency determined that funds used to purchase policy was uncompensated transfer and imposed a disqualification period penalty; court… [read post]