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Remainder of annuity awarded to state | Massachusetts Lawyers Weekly - Vimarsana News

Remainder of annuity awarded to state | Massachusetts Lawyers Weekly

Following the death of a husband who purchased an annuity to help his wife become eligible for Medicaid benefits, the commonwealth was entitled to the remainder of the annuity, the Supreme Judicial Court has ruled. Robert G. Hamel purchased the annuity from Nationwide Life Insurance Company to help his wife, Joan Hamel, become eligible for