Baymule
Herd Master
I know the roller coaster ride we took when we bought this place was a terrible experience. But we hung in there and were able to close on our house and land. You hang in there and don't give up!
Promise Acre: Our Journey
- Thread starter promiseacres
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greybeard
Herd Master
Depends. It is true in the case of Medicaid, but not so much in the case of Medicare, tho Medicare will not cover much of long term nursing care costs, even with supplement.
(Medicaid is usually state....Medicare is federal..there is a huge difference...state has little or nothing to do with Medicare)
But you are correct. It's called Estate Recovery. After death, several different entities (not least of which is IRS) can and do go back a number of years (3 I think) and claw back or recoup a lot of the deceased's assets if for no other reason than to assess any death/inheritance taxes.
Used to be some elderly would try to give everything away before they died but that is now limited to I 'think' a max of $12,000...maybe $14,000/year per offspring and it must be IRS approved ahead of time.
The days of the elderly giving away their assets to their children and dying with no taxable $$ or assets is long gone.
Another reason everyone including the elderly always needs their own attorney/financial adviser. Always.
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RollingAcres
Herd Master
Hang in there!
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promiseacres
Herd Master
well, they approved an extension for 6 weeks from today. 
lastt chance...but is my last option for a loan... so off we go again. 
lastt chance...but is my last option for a loan... so off we go again.
RollingAcres
Herd Master
Good luck! If it's meant to be, it will be.
Bruce
Herd Master
Still on the merry-go-round! That is good. It will slow to a stop soon and you can get off at your new property.
Baymule
Herd Master
It will make you crazy.
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- #1,308
promiseacres
Herd Master
Yes it's been quite the ride. I think I see a light though.
And Mom's property has a 2nd showing tomorrow, someone wants to see it again. So perhaps just God's timing.
Need to get the breezeway cleaned up so we can start the wood burner....hate using the lp furnace. Oh and get the pool attended to also. Plenty of things to do... hopefully will go riding on the trails Monday.
And Mom's property has a 2nd showing tomorrow, someone wants to see it again. So perhaps just God's timing.
Need to get the breezeway cleaned up so we can start the wood burner....hate using the lp furnace. Oh and get the pool attended to also. Plenty of things to do... hopefully will go riding on the trails Monday.
- Thread starter
- #1,309
promiseacres
Herd Master
Well we did get the pool winterized last weekend. Some wood split. Then did go riding last Monday. 
Need to get the house cleaned up, girls need clothes switched out, and yes that breezeway needs lots of attention still... Appraisals are ordered... So house needs lots of attention though I hesitate until I know WHEN they'll be coming to do that. Wish our skylights were finished... oh well it appraised decently last time.
Mom's place did show well a 2nd time. supposedly Mom is supposed to get an offer. sooo that makes things interesting if we have to move her and her horses this winter.... she still has 5! And she's willing to take 2 to an auction just not to any old auction but a Morgan auction but of course she missed the deadline again. Am looking into the Spring auction... and put them on Craigslist... Am trying not to worry about hay and hay prices... ( God will provide even in this right?? )
Oh and a doe needs bred. Have 6 VL leaving on Wednesday for National Convention, 4 will be headed to Alaska, I told the new owner I'd attempt breeding her before she left. We will see. Have 2 mini rex to palapate, pretty sure the older doe is bred. Not sure about the younger one but she did lift on her own. Also need to get the heat lamps up in the rabbit shed. Once the 6 leave, the 2 left outside will come in. 1 may go to my farrier as a companion to her bunny. Oh and have 2 coming from New Mexico. Hoping we'll get some better hindquarters... Praying they pass presentation! It will be one week from next Monday.
Need to get the house cleaned up, girls need clothes switched out, and yes that breezeway needs lots of attention still... Appraisals are ordered... So house needs lots of attention though I hesitate until I know WHEN they'll be coming to do that. Wish our skylights were finished... oh well it appraised decently last time.
Mom's place did show well a 2nd time. supposedly Mom is supposed to get an offer. sooo that makes things interesting if we have to move her and her horses this winter.... she still has 5! And she's willing to take 2 to an auction just not to any old auction but a Morgan auction but of course she missed the deadline again. Am looking into the Spring auction... and put them on Craigslist... Am trying not to worry about hay and hay prices... ( God will provide even in this right?? )
Oh and a doe needs bred. Have 6 VL leaving on Wednesday for National Convention, 4 will be headed to Alaska, I told the new owner I'd attempt breeding her before she left. We will see. Have 2 mini rex to palapate, pretty sure the older doe is bred. Not sure about the younger one but she did lift on her own. Also need to get the heat lamps up in the rabbit shed. Once the 6 leave, the 2 left outside will come in. 1 may go to my farrier as a companion to her bunny. Oh and have 2 coming from New Mexico. Hoping we'll get some better hindquarters... Praying they pass presentation! It will be one week from next Monday.
Busy life...
