Update on Irrevocable Funeral Trusts and Medicaid Eligibility
Earlier this year I wrote about problems that are cropping up for Medicaid applicants who purchased irrevocable funeral trusts. The problem is that certain County Boards of Social Services were/are counting some of the dollars in the irrevocable funeral trust as if they are available resources (assets). The theory was that the items are ‘for the living,” and not “for the...
Unsure about VA Burial? Now You Can Inquire in Advance.
Setting up meaningful funeral and burial arrangements is an important component of estate planning and end of life planning. Many veterans are unsure about whether they or their family members are entitled to burial in a VA Cemetery. Family members may not realize that VA burial is a possibility and may miss an opportunity despite the fact that service in the military was very important to...