Form ODM07408 Notice to Medicaid Estate Recovery of Pending Transfer of Property by Transfer on Death Deed - Ohio

What Is Form ODM07408?

This is a legal form that was released by the Ohio Department of Medicaid - a government authority operating within Ohio. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form ODM07408?
A: Form ODM07408 is a notice to Medicaid Estate Recovery regarding a pending transfer of property by Transfer on Death Deed in Ohio.

Q: What is Medicaid Estate Recovery?
A: Medicaid Estate Recovery is a program that allows states to recover certain Medicaid benefits from the estates of deceased Medicaid recipients.

Q: What is a Transfer on Death Deed?
A: A Transfer on Death Deed, also known as a TOD deed, is a legal document that allows an individual to designate who will inherit their real property upon their death, without the need for probate.

Q: Why is notice required for a pending transfer of property by Transfer on Death Deed?
A: Notice is required to inform Medicaid Estate Recovery that there is a pending transfer of property, which may affect the recovery of Medicaid benefits.

Q: Who should use Form ODM07408?
A: Form ODM07408 should be used by individuals in Ohio who are making a pending transfer of property by Transfer on Death Deed and have received Medicaid benefits.