Kids assets used for nursing home fees

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Kids assets used for nursing home fees

Postby am » Tue Jun 26, 2012 6:36 pm

Read an article last week (?) in the Wall Street Journal how some states allow nursing homes and other extended care facilities to go after kids assets when parents can no longer pay. Does anyone know if there is a list of states posted somewhere on the internet that allows this? Also, is this automatic or does the facility have to actively get lawyers involved to get this money?
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Re: Kids assets used for nursing home fees

Postby Sam I Am » Tue Jun 26, 2012 6:47 pm

Message deleted.
Last edited by Sam I Am on Tue Oct 08, 2013 12:56 pm, edited 1 time in total.
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Re: Kids assets used for nursing home fees

Postby grok87 » Tue Jun 26, 2012 8:09 pm

am wrote:Read an article last week (?) in the Wall Street Journal how some states allow nursing homes and other extended care facilities to go after kids assets when parents can no longer pay. Does anyone know if there is a list of states posted somewhere on the internet that allows this? Also, is this automatic or does the facility have to actively get lawyers involved to get this money?

this paper looks interesting
http://papers.ssrn.com/sol3/papers.cfm? ... id=2079753

Apparently there are 4 groups of states:

1) Some states have never had filial support laws- e.g. Arizona, Alabama

2) Some states have recently repealed filial support laws: eg Idaho

3) Some states have filial support laws but don't enforce them: Alaska, California, Delaware, Georgia, Indiana, Iowa, Louisiana, Maryland, Mississippi, Montana, New Hampshire, New Jersey, North Dakota, Oregon, and Rhode Island (and others? see table in paper)

4) Some states have the laws and have been enforcing them: Pennsylvania and South Dakota

cheers,
.
grok, CFA | Danon delenda est
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