The Listen to Lawrence Letter: Medicaid and a Pre-paid Funeral

READER QUESTION:

Does the money spent on my future funeral (in what the funeral parlor told me is called a “burial fund trust”) count as an asset for Medicaid purposes?

MY RESPONSE:

NO! It is exempt!

I hope this helps.

And, if anyone you know would like to receive this

Listen to Lawrence Letter, just have them email me at

info@davidowlaw.com and I’ll add them to the list!

As always, please send me your questions. If you are thinking about it, others are probably too, so my answers will no doubt help you and many others.

Let’s stay connected.

Stay safe!