Have a Finance Question? Ask a Financial Expert Online.
Thank you for your question, and thanks for using JustAnswer.com
How are you today?
For purposes of Medicaid, you can prepay funeral/burial costs for yourself and some family members. These family members include your parents.
Perpetual care is listed as an allowed expense, so yes - she could spend some of the funds on perpetual care to spend down the assets for Medicaid purposes.
Here's a good resource for that: CLICK HERE
Do you have any further questions about this issue?
If not, please rate my response as "excellent" so that I may receive credit for assisting you today.
so she can pay for perpetual care for her parents can she prepay funeral expenses for her daughter who is her caretaker
yes, so she can prepay for perpetual care on her parents graves can she prepay funeral expenses for her daughter who is her caretaker
Yes, she can prepay funeral expenses for her daughter as well and pay for perpetual care for her parents
Did you have any further questions about this matter?
yes, so she can use some of the money to pay for perpetual care for her parents graves also, can she use the money to prepay her daughters funeral expenses
Yes, your sister in law can pay for her parents perpetual care, and also pre pay funeral costs for her daughter.