If a person is in a nursing home on Medicaid how does this prepaid funeral work, does everybody automatically qualifies for it?
Or what is the process? My brother died in a NH recently and I never heard about this before. Also my Mother is now in a NH and how does she qualify for this prepaid funeral of $8000, plus $1500 for the headstone?
Funeral and Burial Funds – If you have a pre-planned funeral or memorial arrangement, the entire value of that plan is excluded. If you do not, a separate bank account that contains $1,500 toward funeral expenses can be excluded. If you have pre-purchased burial plots, you can exclude not only the costs of the plot for the applicant, but for the entire family, and still be eligible for Medicaid.
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Read More: https://www.agingcare.com/articles/asset-limits-to-qualify-for-medicaid-141681.htm