Talk to the Elder Lawyer. In Florida, a person with Medicaid is able to have up to $2,500 in a savings account (with no interest gathering and only in her name!), for the specific purpose of funds toward burial expenses.
This account can have you as the beneficiary as you will need to spend it once she passes. This account can exist even if she has already completely prepaid her funeral costs. The remaining funds will go to the beneficiary, not to Medicaid.
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This account can have you as the beneficiary as you will need to spend it once she passes. This account can exist even if she has already completely prepaid her funeral costs. The remaining funds will go to the beneficiary, not to Medicaid.
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