Is my Prepaid Burial Contract considered an asset by Medicaid?
Prepaid burial contracts are a classic spend down method when planning for Medicaid because everyone is going to need a burial or cremation at their end of life, but if for this method to be used successfully you need to make sure your contract will not be counted as an asset by Medicaid. In today’s video Elder Law Attorney Melissa O’Connor walks you through what to look for.
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If you want to talk more about estate planning: https://oconnorelderlaw.com/strategysession1/
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We do estate planning. We do probate. And we do it well.
Our firm rests on three core pillars:
1. Family protection
2. Family opportunity
3. A plan that works when it’s needed
If you need estate planning or probate help, we should talk. The easiest way to do that is to click the link below and choose a date and time that work for you (over the phone or in person).
Melissa O’Connor is the owner of O’Connor Law. She created it with one goal – help YOU live a great life and leave a great legacy.
You’ll find information here on elder law, medicaid trusts, medicaid planning, guardianship, estate planning, probate, revocable living trusts, irrevocable trusts, life insurance trusts, charitable giving, wills, trusts, power of attorney, medical power of attorney, trustee selection, and everything in between.
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How to find us out there in the world…
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youtube = https://www.youtube.com/channel/UCxEEHNjRytI6n776SQIZTHA
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