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Douglas217 Asked September 2017

Can I use assets to pay for parents' funeral?

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Douglas217 Sep 2017
Thanks to ALL of you!

notrydoyoda Sep 2017
You could pay for your own funeral with your assets.

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BarbBrooklyn Sep 2017
Douglas, is it YOU who is trying to qualify for Medicaid?

I think one of the best ways to spend down is to engage a really experienced certified Eldercare attorney.

I THINK that paying for your parents' funerals would be looked upon as gifting.

Countrymouse Sep 2017
Ah.

Um. You could call Medicaid and ask? I'm less confident that this would be an accepted use, but on the other hand I can't imagine it's a common ruse for divesting funds so perhaps they will look on it sympathetically.

Douglas217 Sep 2017
Can I "spend down" MY assets to pay for them?

Countrymouse Sep 2017
Paying for their funerals is a perfectly legitimate use of your parents' assets, Douglas, if that's the question. Would you like to say a little more about the situation?

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