Is A Prepaid Funeral Considered An Asset. Its for fully prepaid funeral services. The worst that could happen is that your Mum would be considered to still have the asset when the financial assessment for assistance with care home fees is done.
Some people want not only to pay for their funeral or. Most pre-paid insurance policies range from 10000 to 25000. We wont include the value of up to 2 bonds as long as.
When buying one you can pay the entire amount up front or you can arrange to make payments with a three five or 10 year plan.
In order for a prepaid funeral contract to be exempt from Medicaid asset rules. When buying one you can pay the entire amount up front or you can arrange to make payments with a three five or 10 year plan. This home is not an active business asset. The worst that could happen is that your Mum would be considered to still have the asset when the financial assessment for assistance with care home fees is done.
