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Intestate & no home. Never again heard from Medicare. Recently found information that mom had stocks in her name only. As a resident of Florida am I allowed to transfer stocks into my name? I'm not selling stocks only transferring. If I choose to only transfer stock is stock co obligated to report transfer to IRS & or Medicare or only after sale of stocks?

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My Moms been gone for 7 years now. I am down to a box with her papers in it. Was wondering what to keep andvwhat to throw away. Really can't believe that Medicaid thinks they can recover anything after 19 yrs.

I now know to keep that letter saying the lien on her house was satisfied. Maybe keep her last statement showing she had no money. Maybe the letter saying she was getting Medicaid based on the info I sent showing she had spent down, just in case.
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You confirmed its Medicaid so it all makes sense.

You sent the letter, wait for a response. You may get a letter saying that the 85k is no longer due. To be honest, 19 years is a long time to expect anyone to keep any paperwork. IRS only says 5 years for them. Used to be 7 yrs for checks. I think 10 yrs for other things. No way are you going to get Banking info.

If those stocks do not amount to much, I would not worry about them. Medicaid should have sent that letter 19 years ago.

Sent you a private message.
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See an attorney, this doesn't sound right, never heard of Medicare being involved with stock or investments and I have closed 5 estates in different states.
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I agree with RealyReal that this letter was a scam if it came from Medicare. Only Medicaid attempts to recover things at death.
As your mother died intestate, with no assets there was no need for any appointment of an administrator of the will. Now many years have passed.

It is very likely, if you are the only child, and there is no living husband, that any money found in your mother's assets would go to you, but it is of course not so simple as for you to drive up and say "Hey. I am the darling daughter. Change those assets into my name".

As to what statutes of limitations is for anything owed to the government, I have utterly no idea. There would be things owed to the STATE if Mom was on Medicaid.

I do not know the amount of this windfall. But you are going to need to consult a trust and estate attorney or a probate attorney now to find out exactly how to proceed going forward. I wish you the best of luck.
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Bourdain Feb 2025
I stated Medicare when my mom was on Medicaid. I apologize for your time & inconvenience I caused everyone who took time to answer my question. Trudy
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Do you mean medicaid?

If medicare notice it was a physhing scam.

As far as your question, you need to call a financial advisor to find out what you can legally do and the process that occurs.
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