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June 18, 2010 at 3:17 PM #567949June 18, 2010 at 3:30 PM #566968sdrealtorParticipant
LOL, if I ever do I through a huge PIGG Roast for my online compadres!
I honestly dont know what I would do beyond a certain point of wealth. I always ask people “what can you do with $20M that you cant do with $10M except buy a $20M house?”
maybe we need a poll;)
June 18, 2010 at 3:30 PM #567064sdrealtorParticipantLOL, if I ever do I through a huge PIGG Roast for my online compadres!
I honestly dont know what I would do beyond a certain point of wealth. I always ask people “what can you do with $20M that you cant do with $10M except buy a $20M house?”
maybe we need a poll;)
June 18, 2010 at 3:30 PM #567570sdrealtorParticipantLOL, if I ever do I through a huge PIGG Roast for my online compadres!
I honestly dont know what I would do beyond a certain point of wealth. I always ask people “what can you do with $20M that you cant do with $10M except buy a $20M house?”
maybe we need a poll;)
June 18, 2010 at 3:30 PM #567678sdrealtorParticipantLOL, if I ever do I through a huge PIGG Roast for my online compadres!
I honestly dont know what I would do beyond a certain point of wealth. I always ask people “what can you do with $20M that you cant do with $10M except buy a $20M house?”
maybe we need a poll;)
June 18, 2010 at 3:30 PM #567955sdrealtorParticipantLOL, if I ever do I through a huge PIGG Roast for my online compadres!
I honestly dont know what I would do beyond a certain point of wealth. I always ask people “what can you do with $20M that you cant do with $10M except buy a $20M house?”
maybe we need a poll;)
June 18, 2010 at 3:34 PM #566973PCinSDGuest[quote=briansd1]sdrealtor, welfare fraud used to be a problem, for sure.
But since 1996 it’s no longer a big problem. [/quote]What do you consider a big problem? And upon what do you base your assertion that it’s no longer a big problem? You seem to think it’s not enough to worry about”
[quote=briansd1]Medicaid/Medi-cal benefits trigger a lien that needs to be paid back by the estate of the recipient upon death.
There is also a lien that attaches to the current and future property of CMS (County Medical Services) recipients.
http://www.co.san-diego.ca.us/hhsa/programs/ssp/county_medical_services/index.html
[/quote]1. That presupposes that the decedent has a pile of money laying around – enough to satisfy that lien, which most don’t.
2. All they need to do is establish an Irrevocable Trust, which completely shields their entire estate from the Medi-Cal lien.
3. Their are other exemptions to the lien.[quote=briansd1]sdrealtor, I’m not really offended by “wider welfare” fraud as you put it because it’s never a situation I would want to be in.
Sure, people get payments for not working but they eke-out an existence. In order to qualify for public assistance, you have to put yourself in a situation of no job and no assets.
Unemployment is limited to 6 months. Welfare is limited to 5 years. Medicaid/Medi-cal and CMS get you liens on your current and future assets.
Not really a good position to be in. I don’t envy those people on “welfare”.
If you could “steal” $100 million sitting at your desk and stash it away abroad, you might seriously think about it.
Even you were to get caught and serve 2 years in a white collar prison, thanks to your top-notch lawyer, it might still be worth it.[/quote]
If you believe pervasive, costly fraud that doesn’t affect you personally is a reason to not be offended by it, then it’s hard to argue with that. It would be a waste of time.
My ex-girlfriend has been on Unemployment for 2 years. I’d be willing to bet that the 5 year limit for Welfare is likewise negotiable, depending on the circumstances.
Your views about stealing the money and the subsequent consequences are consistent with what you’ve posted to date.
June 18, 2010 at 3:34 PM #567069PCinSDGuest[quote=briansd1]sdrealtor, welfare fraud used to be a problem, for sure.
But since 1996 it’s no longer a big problem. [/quote]What do you consider a big problem? And upon what do you base your assertion that it’s no longer a big problem? You seem to think it’s not enough to worry about”
[quote=briansd1]Medicaid/Medi-cal benefits trigger a lien that needs to be paid back by the estate of the recipient upon death.
There is also a lien that attaches to the current and future property of CMS (County Medical Services) recipients.
http://www.co.san-diego.ca.us/hhsa/programs/ssp/county_medical_services/index.html
[/quote]1. That presupposes that the decedent has a pile of money laying around – enough to satisfy that lien, which most don’t.
2. All they need to do is establish an Irrevocable Trust, which completely shields their entire estate from the Medi-Cal lien.
3. Their are other exemptions to the lien.[quote=briansd1]sdrealtor, I’m not really offended by “wider welfare” fraud as you put it because it’s never a situation I would want to be in.
Sure, people get payments for not working but they eke-out an existence. In order to qualify for public assistance, you have to put yourself in a situation of no job and no assets.
Unemployment is limited to 6 months. Welfare is limited to 5 years. Medicaid/Medi-cal and CMS get you liens on your current and future assets.
Not really a good position to be in. I don’t envy those people on “welfare”.
If you could “steal” $100 million sitting at your desk and stash it away abroad, you might seriously think about it.
Even you were to get caught and serve 2 years in a white collar prison, thanks to your top-notch lawyer, it might still be worth it.[/quote]
If you believe pervasive, costly fraud that doesn’t affect you personally is a reason to not be offended by it, then it’s hard to argue with that. It would be a waste of time.
My ex-girlfriend has been on Unemployment for 2 years. I’d be willing to bet that the 5 year limit for Welfare is likewise negotiable, depending on the circumstances.
Your views about stealing the money and the subsequent consequences are consistent with what you’ve posted to date.
June 18, 2010 at 3:34 PM #567575PCinSDGuest[quote=briansd1]sdrealtor, welfare fraud used to be a problem, for sure.
But since 1996 it’s no longer a big problem. [/quote]What do you consider a big problem? And upon what do you base your assertion that it’s no longer a big problem? You seem to think it’s not enough to worry about”
[quote=briansd1]Medicaid/Medi-cal benefits trigger a lien that needs to be paid back by the estate of the recipient upon death.
There is also a lien that attaches to the current and future property of CMS (County Medical Services) recipients.
http://www.co.san-diego.ca.us/hhsa/programs/ssp/county_medical_services/index.html
[/quote]1. That presupposes that the decedent has a pile of money laying around – enough to satisfy that lien, which most don’t.
2. All they need to do is establish an Irrevocable Trust, which completely shields their entire estate from the Medi-Cal lien.
3. Their are other exemptions to the lien.[quote=briansd1]sdrealtor, I’m not really offended by “wider welfare” fraud as you put it because it’s never a situation I would want to be in.
Sure, people get payments for not working but they eke-out an existence. In order to qualify for public assistance, you have to put yourself in a situation of no job and no assets.
Unemployment is limited to 6 months. Welfare is limited to 5 years. Medicaid/Medi-cal and CMS get you liens on your current and future assets.
Not really a good position to be in. I don’t envy those people on “welfare”.
If you could “steal” $100 million sitting at your desk and stash it away abroad, you might seriously think about it.
Even you were to get caught and serve 2 years in a white collar prison, thanks to your top-notch lawyer, it might still be worth it.[/quote]
If you believe pervasive, costly fraud that doesn’t affect you personally is a reason to not be offended by it, then it’s hard to argue with that. It would be a waste of time.
My ex-girlfriend has been on Unemployment for 2 years. I’d be willing to bet that the 5 year limit for Welfare is likewise negotiable, depending on the circumstances.
Your views about stealing the money and the subsequent consequences are consistent with what you’ve posted to date.
June 18, 2010 at 3:34 PM #567683PCinSDGuest[quote=briansd1]sdrealtor, welfare fraud used to be a problem, for sure.
But since 1996 it’s no longer a big problem. [/quote]What do you consider a big problem? And upon what do you base your assertion that it’s no longer a big problem? You seem to think it’s not enough to worry about”
[quote=briansd1]Medicaid/Medi-cal benefits trigger a lien that needs to be paid back by the estate of the recipient upon death.
There is also a lien that attaches to the current and future property of CMS (County Medical Services) recipients.
http://www.co.san-diego.ca.us/hhsa/programs/ssp/county_medical_services/index.html
[/quote]1. That presupposes that the decedent has a pile of money laying around – enough to satisfy that lien, which most don’t.
2. All they need to do is establish an Irrevocable Trust, which completely shields their entire estate from the Medi-Cal lien.
3. Their are other exemptions to the lien.[quote=briansd1]sdrealtor, I’m not really offended by “wider welfare” fraud as you put it because it’s never a situation I would want to be in.
Sure, people get payments for not working but they eke-out an existence. In order to qualify for public assistance, you have to put yourself in a situation of no job and no assets.
Unemployment is limited to 6 months. Welfare is limited to 5 years. Medicaid/Medi-cal and CMS get you liens on your current and future assets.
Not really a good position to be in. I don’t envy those people on “welfare”.
If you could “steal” $100 million sitting at your desk and stash it away abroad, you might seriously think about it.
Even you were to get caught and serve 2 years in a white collar prison, thanks to your top-notch lawyer, it might still be worth it.[/quote]
If you believe pervasive, costly fraud that doesn’t affect you personally is a reason to not be offended by it, then it’s hard to argue with that. It would be a waste of time.
My ex-girlfriend has been on Unemployment for 2 years. I’d be willing to bet that the 5 year limit for Welfare is likewise negotiable, depending on the circumstances.
Your views about stealing the money and the subsequent consequences are consistent with what you’ve posted to date.
June 18, 2010 at 3:34 PM #567960PCinSDGuest[quote=briansd1]sdrealtor, welfare fraud used to be a problem, for sure.
But since 1996 it’s no longer a big problem. [/quote]What do you consider a big problem? And upon what do you base your assertion that it’s no longer a big problem? You seem to think it’s not enough to worry about”
[quote=briansd1]Medicaid/Medi-cal benefits trigger a lien that needs to be paid back by the estate of the recipient upon death.
There is also a lien that attaches to the current and future property of CMS (County Medical Services) recipients.
http://www.co.san-diego.ca.us/hhsa/programs/ssp/county_medical_services/index.html
[/quote]1. That presupposes that the decedent has a pile of money laying around – enough to satisfy that lien, which most don’t.
2. All they need to do is establish an Irrevocable Trust, which completely shields their entire estate from the Medi-Cal lien.
3. Their are other exemptions to the lien.[quote=briansd1]sdrealtor, I’m not really offended by “wider welfare” fraud as you put it because it’s never a situation I would want to be in.
Sure, people get payments for not working but they eke-out an existence. In order to qualify for public assistance, you have to put yourself in a situation of no job and no assets.
Unemployment is limited to 6 months. Welfare is limited to 5 years. Medicaid/Medi-cal and CMS get you liens on your current and future assets.
Not really a good position to be in. I don’t envy those people on “welfare”.
If you could “steal” $100 million sitting at your desk and stash it away abroad, you might seriously think about it.
Even you were to get caught and serve 2 years in a white collar prison, thanks to your top-notch lawyer, it might still be worth it.[/quote]
If you believe pervasive, costly fraud that doesn’t affect you personally is a reason to not be offended by it, then it’s hard to argue with that. It would be a waste of time.
My ex-girlfriend has been on Unemployment for 2 years. I’d be willing to bet that the 5 year limit for Welfare is likewise negotiable, depending on the circumstances.
Your views about stealing the money and the subsequent consequences are consistent with what you’ve posted to date.
June 18, 2010 at 10:21 PM #567092bearishgurlParticipant[quote=pabloesqobar]. . . That presupposes that the decedent has a pile of money laying around – enough to satisfy that lien, which most don’t.
2. All they need to do is establish an Irrevocable Trust, which completely shields their entire estate from the Medi-Cal lien.
3. Their are other exemptions to the lien. . . [/quote]pabloeqobar, I’ve been to those “trust seminars,” too. The “potential clients” seeking to establish an “irrevocable trust” must do so at least three years “pre-need,” I believe, meaning three years before making application for a nursing home or “board and care” facility using Medicare part B alone to satisfy the entire expense of long-term care. As a senior citizen and parent, it’s hard to:
(1) know exactly when (or if) you’re going to actually need care;
(2) know year by year whether you ACTUALLY WANT TO leave your irrevocable trust to a child whose financial problems were/are all self-created;
(3) and, gauge whether you actually want to move in with a child for assistance in your sunset years.
Surprisingly, many parents don’t even talk to their children about these things. This only becomes and issue after something like a debilitating stroke happens to a patient who hasn’t done any estate planning in this regard. Then they’re stuck because they have too many assets to qualify for intermediate care or board and care using Medicare Part B only (without the gov’t placing a lien on the individual).
The last paragraph (above) is (unfortunately) the most typical scenario.
[quote=pabloesquobar]My ex-girlfriend has been on Unemployment for 2 years. I’d be willing to bet that the 5 year limit for Welfare is likewise negotiable, depending on the circumstances. [/quote]
pablo, I too have a friend who is perfectly capable in her line of work but rec’d UI for two years. It just recently ran out and she really HAS been heavily seeking work. It’s just a sign of the times π
A big problem with TANF recipients is child care. Many have three or more children (elem. school-age or younger). I don’t know how extensions of TANF are handled but I know the county heavily subsidizes after-school programs like DASH or the “6 to 6 program” for these kids if the custodial parent is in training for employment skills in an ROP program or comm. college. A huge hurdle remains if the county can’t collect any excess child support from the other parent to send to the custodial parent (over and above the TANF benefits).
June 18, 2010 at 10:21 PM #567188bearishgurlParticipant[quote=pabloesqobar]. . . That presupposes that the decedent has a pile of money laying around – enough to satisfy that lien, which most don’t.
2. All they need to do is establish an Irrevocable Trust, which completely shields their entire estate from the Medi-Cal lien.
3. Their are other exemptions to the lien. . . [/quote]pabloeqobar, I’ve been to those “trust seminars,” too. The “potential clients” seeking to establish an “irrevocable trust” must do so at least three years “pre-need,” I believe, meaning three years before making application for a nursing home or “board and care” facility using Medicare part B alone to satisfy the entire expense of long-term care. As a senior citizen and parent, it’s hard to:
(1) know exactly when (or if) you’re going to actually need care;
(2) know year by year whether you ACTUALLY WANT TO leave your irrevocable trust to a child whose financial problems were/are all self-created;
(3) and, gauge whether you actually want to move in with a child for assistance in your sunset years.
Surprisingly, many parents don’t even talk to their children about these things. This only becomes and issue after something like a debilitating stroke happens to a patient who hasn’t done any estate planning in this regard. Then they’re stuck because they have too many assets to qualify for intermediate care or board and care using Medicare Part B only (without the gov’t placing a lien on the individual).
The last paragraph (above) is (unfortunately) the most typical scenario.
[quote=pabloesquobar]My ex-girlfriend has been on Unemployment for 2 years. I’d be willing to bet that the 5 year limit for Welfare is likewise negotiable, depending on the circumstances. [/quote]
pablo, I too have a friend who is perfectly capable in her line of work but rec’d UI for two years. It just recently ran out and she really HAS been heavily seeking work. It’s just a sign of the times π
A big problem with TANF recipients is child care. Many have three or more children (elem. school-age or younger). I don’t know how extensions of TANF are handled but I know the county heavily subsidizes after-school programs like DASH or the “6 to 6 program” for these kids if the custodial parent is in training for employment skills in an ROP program or comm. college. A huge hurdle remains if the county can’t collect any excess child support from the other parent to send to the custodial parent (over and above the TANF benefits).
June 18, 2010 at 10:21 PM #567694bearishgurlParticipant[quote=pabloesqobar]. . . That presupposes that the decedent has a pile of money laying around – enough to satisfy that lien, which most don’t.
2. All they need to do is establish an Irrevocable Trust, which completely shields their entire estate from the Medi-Cal lien.
3. Their are other exemptions to the lien. . . [/quote]pabloeqobar, I’ve been to those “trust seminars,” too. The “potential clients” seeking to establish an “irrevocable trust” must do so at least three years “pre-need,” I believe, meaning three years before making application for a nursing home or “board and care” facility using Medicare part B alone to satisfy the entire expense of long-term care. As a senior citizen and parent, it’s hard to:
(1) know exactly when (or if) you’re going to actually need care;
(2) know year by year whether you ACTUALLY WANT TO leave your irrevocable trust to a child whose financial problems were/are all self-created;
(3) and, gauge whether you actually want to move in with a child for assistance in your sunset years.
Surprisingly, many parents don’t even talk to their children about these things. This only becomes and issue after something like a debilitating stroke happens to a patient who hasn’t done any estate planning in this regard. Then they’re stuck because they have too many assets to qualify for intermediate care or board and care using Medicare Part B only (without the gov’t placing a lien on the individual).
The last paragraph (above) is (unfortunately) the most typical scenario.
[quote=pabloesquobar]My ex-girlfriend has been on Unemployment for 2 years. I’d be willing to bet that the 5 year limit for Welfare is likewise negotiable, depending on the circumstances. [/quote]
pablo, I too have a friend who is perfectly capable in her line of work but rec’d UI for two years. It just recently ran out and she really HAS been heavily seeking work. It’s just a sign of the times π
A big problem with TANF recipients is child care. Many have three or more children (elem. school-age or younger). I don’t know how extensions of TANF are handled but I know the county heavily subsidizes after-school programs like DASH or the “6 to 6 program” for these kids if the custodial parent is in training for employment skills in an ROP program or comm. college. A huge hurdle remains if the county can’t collect any excess child support from the other parent to send to the custodial parent (over and above the TANF benefits).
June 18, 2010 at 10:21 PM #567798bearishgurlParticipant[quote=pabloesqobar]. . . That presupposes that the decedent has a pile of money laying around – enough to satisfy that lien, which most don’t.
2. All they need to do is establish an Irrevocable Trust, which completely shields their entire estate from the Medi-Cal lien.
3. Their are other exemptions to the lien. . . [/quote]pabloeqobar, I’ve been to those “trust seminars,” too. The “potential clients” seeking to establish an “irrevocable trust” must do so at least three years “pre-need,” I believe, meaning three years before making application for a nursing home or “board and care” facility using Medicare part B alone to satisfy the entire expense of long-term care. As a senior citizen and parent, it’s hard to:
(1) know exactly when (or if) you’re going to actually need care;
(2) know year by year whether you ACTUALLY WANT TO leave your irrevocable trust to a child whose financial problems were/are all self-created;
(3) and, gauge whether you actually want to move in with a child for assistance in your sunset years.
Surprisingly, many parents don’t even talk to their children about these things. This only becomes and issue after something like a debilitating stroke happens to a patient who hasn’t done any estate planning in this regard. Then they’re stuck because they have too many assets to qualify for intermediate care or board and care using Medicare Part B only (without the gov’t placing a lien on the individual).
The last paragraph (above) is (unfortunately) the most typical scenario.
[quote=pabloesquobar]My ex-girlfriend has been on Unemployment for 2 years. I’d be willing to bet that the 5 year limit for Welfare is likewise negotiable, depending on the circumstances. [/quote]
pablo, I too have a friend who is perfectly capable in her line of work but rec’d UI for two years. It just recently ran out and she really HAS been heavily seeking work. It’s just a sign of the times π
A big problem with TANF recipients is child care. Many have three or more children (elem. school-age or younger). I don’t know how extensions of TANF are handled but I know the county heavily subsidizes after-school programs like DASH or the “6 to 6 program” for these kids if the custodial parent is in training for employment skills in an ROP program or comm. college. A huge hurdle remains if the county can’t collect any excess child support from the other parent to send to the custodial parent (over and above the TANF benefits).
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