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<font face="Times New Roman, Times, serif">I believe WA law permits
such community property agreement terms, but I'm wary of the views
of Medicaid officials. They might regard Sally's agreement to such
terms as Medicaid-disqualifying transfer, either at the time she
signs the agreement or at the time of John's death.<br>
<br>
Doug Schafer, in Tacoma<br>
</font><br>
<div class="moz-cite-prefix">On 7/20/2022 08:00, Jacob Menashe
wrote:<br>
</div>
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<p class="MsoNormal">Hi again! <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I’m curious if my post didn’t get a
response ...<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<div>
<div style="border:none;border-top:solid #E1E1E1
1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b>From:</b>
<a class="moz-txt-link-abbreviated" href="mailto:wsbapt-bounces@lists.wsbarppt.com">wsbapt-bounces@lists.wsbarppt.com</a>
<a class="moz-txt-link-rfc2396E" href="mailto:wsbapt-bounces@lists.wsbarppt.com"><wsbapt-bounces@lists.wsbarppt.com></a>
<b>On Behalf Of </b>Jacob Menashe<br>
<b>Sent:</b> Friday, July 15, 2022 3:35 PM<br>
<b>To:</b> WSBA Probate & Trust Listserv
<a class="moz-txt-link-rfc2396E" href="mailto:wsbapt@lists.wsbarppt.com"><wsbapt@lists.wsbarppt.com></a><br>
<b>Subject:</b> [WSBAPT] One-Sided CPA and Step Up<o:p></o:p></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Hi all, <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I am thinking about a Medicaid situation
where Sally is the one needing care. John is the community
spouse, i.e., the spouse at home not needing care. In a
scenario with a community property agreement that says:
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoListParagraph"
style="margin-left:2.25pt;mso-list:l0 level1 lfo3">Assets
are community property.
<o:p></o:p></li>
<li class="MsoListParagraph"
style="margin-left:2.25pt;mso-list:l0 level1 lfo3">If Sally,
the Medicaid spouse, passes away first their assets pass per
the CPA to John.
<o:p></o:p></li>
<li class="MsoListParagraph"
style="margin-left:2.25pt;mso-list:l0 level1 lfo3">But if
John passes away first, everything becomes his separate
property right before his death and nothing passes at death
per the agreement. (Instead, his estate will flow throw his
will and, as is desired, end up in the special needs trust
for Sally). <o:p>
</o:p></li>
</ul>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Does anybody have a comment or experience
to share about whether this is likely to accomplish both
objectives—i.e., the community property step-up if Sally
passes away first and the full funding of the special needs
trust for Sally if John passes away first? <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">If someone has a lead on a response but it
doesn’t translate well to a list serve response, I
<u>would be very happy to make this a paid consult to discuss
my query</u>. If someone is up for that, please feel free to
respond to me, and my associate Mercedes Vargas (<a
href="mailto:mercedes@hickmanmenashe.com"
moz-do-not-send="true" class="moz-txt-link-freetext">mercedes@hickmanmenashe.com</a>)
directly.
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Thanks!<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Jacob<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Jacob H. Menashe<o:p></o:p></p>
<p class="MsoNormal">Hickman Menashe, PS<o:p></o:p></p>
<p class="MsoNormal">4211 Alderwood Mall Blvd., Suite 204<o:p></o:p></p>
<p class="MsoNormal">Lynnwood, WA 98036<o:p></o:p></p>
<p class="MsoNormal">(425) 744-5658 phone<o:p></o:p></p>
<p class="MsoNormal">(425) 744-6078 fax<o:p></o:p></p>
<p class="MsoNormal">Satellite Office in Bellevue<o:p></o:p></p>
<p class="MsoNormal"><a href="www.hickmanmenashe.com"
moz-do-not-send="true"><span style="color:windowtext">www.hickmanmenashe.com</span></a><o:p></o:p></p>
<p class="MsoNormal"><span
style="font-size:10.0pt;font-family:"Times New
Roman",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt">CONFIDENTIALITY:</span></b><span
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<o:p></o:p></p>
<p class="MsoNormal">[External] <o:p></o:p></p>
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<pre class="moz-quote-pre" wrap="">***Disclaimer: Please note that RPPT listserv participation is not restricted to practicing attorneys and may include non-practicing attorneys, law students, professionals working in related fields, and others.***
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