Burial Assets & Publicly Funded Funeral Expenses
|
|
- Cecilia Horton
- 7 years ago
- Views:
Transcription
1 Burial Assets & Publicly Funded Funeral Expenses To die, to sleep; To sleep, perchance to dream ay, there's the rub: For in that sleep of death what dreams may come, When we have shuffled off this mortal coil, Must give us pause there's the respect That makes calamity of so long life. For who would bear the whips and scorns of time, Th'oppressor's wrong, the proud man's contumely, The pangs of dispriz'd love, the law's delay, The insolence of office, and the spurns That patient merit of th'unworthy takes, When he himself might his quietus make With a bare bodkin? Who would fardels bear, To grunt and sweat under a weary life, But that the dread of something after death, The undiscovere'd country, from whose bourn No traveller returns, puzzles the will, And makes us rather bear those ills we have Than fly to others that we know not of? -Hamlet Burial Assets: SSI & Medicaid Given the recent change to Medicaid treatment of irrevocable funeral trusts announced in the Specialist, we though it would be a good idea to review how various burial assets count and don t count for SSI and Medicaid and review what public funds are available to pay for burial and funeral expenses for low income individuals. The review is confined to SSI and Medicaid because assets (burial or otherwise) aren t typically relevant to the other programs we frequently work with such as FS, WHEAP, SeniorCare etc. Why the Burial Exemption? The SSI and Medicaid programs carve out exceptions for burial asset for a couple of reasons. Everyone requires a funeral and burial arrangements and the exemptions enable recipients to set aside funds for that purpose. The state also has some self interest in allowing individuals to pay for their own funerals so that the state doesn t have to pay for burial and funeral expenses for low income folks. 1
2 A Note on Spousal Impoverishment These materials focus on burial asset exemptions in non spousal impoverishment situations. The rules regarding burial assets when spousal impoverishment apply are much simpler and generous: Any/all assets designated for burial purposes are exempt. Any unreasonable amount should be supported by documentation of the burial related costs or contract. Burial Space Exclusion Burial spaces are completely exempt, regardless of value. Burial spaces include plots, vaults, caskets, crypts, mausoleums, urns, and niches. Burial spaces also include improvements to burial spaces such as headstones, markers, plaques, and arrangements for opening and closing grave sites. An SSI/MA applicant may also own burial spaces for his or her spouse and immediate family (including children, step children, siblings and parents, as well as any spouses of these persons). So MA/SSI isn t concerned about repositories for a recipient s remains, it concerned with funds set aside to pay for the services relating to the recipient s burial and funeral. What s Exempt? There are several ways a person can set aside funds for their burial/funeral expenses and we will review each of them. As with any asset and MA/SSI eligibility, the key thing the program is concerned about is access to the funds. If you can access the money designated for your burial/funeral expenses and potentially use it for something else (for example shelter and medical expenses) then you re not going to be allowed to set aside very much. 2
3 $1,500 Burial Fund Exclusion This is evident in the very small amount of money a recipient is allowed to set aside for burial if he or she retains access to the funds. Without any strings attached, a person can set aside $1,500 for their funeral/burial expenses. Called the burial fund exclusion, this is money that a beneficiary places in an account (bank account, trust etc..) and then simply designates as for their burial/funeral. $1,500 Burial Fund Exclusion The funds need to be clearly separated from other household accounts. A person may open an account at a financial institution and request that it be designated and labeled for this purpose. This $1,500 beneficiary exclusion can be reduced if the person has life insurance policies or other forms of burial assets. $1,500 Burial Fund Exclusion Advantage: simple, throw the money into an account named burial fund, no strings attached, money is revocable if you later need it you can take it back Disadvantage: $1,500 doesn t go very far where funerals are concerned 3
4 Life Insurance Offset One thing to keep in mind. Whole life insurance policies have two values. The face value (the money which is paid out when a person dies) and the cash value (the amount of money the policy holder can get if he/she cashes the policy in prior to the insured passing away). Under MA/SSI rules, the cash value of life insurance policies count as an asset unless the total death benefit of all the policies added to together is not greater than $1,500. Life Insurance Offset Why are we talking about how life insurance is treated as an asset? Because if the policy s death benefit is $1,500 or less, then the $1,500 burial exclusion amount a person can set aside for their burial is reduced by that amount. Example 1 Mrs. Brown has the following resources: $1,000 burial fund in a designated savings account Whole life insurance policy with death benefit of $400 Mrs. Brown has $100 still available for exclusion for burial purposes ($1,500 exclusion - $1,000 burial fund - $400 life insurance death benefit = $100). 4
5 Revocable vs. Irrevocable Revocable = although I ve committed the funds to a financial instrument (bank account, trust etc.) if I change my mind I can get the funds out of that financial instrument and do whatever I want with it. I retain control of the funds. Irrevocable = once I ve committed the fund to a financial instrument, I cannot get the funds out of the financial instrument. I may benefit from the funds but I have permanently surrendered control of the funds. Revocable vs. Irrevocable As the relatively small amount of $1,500 makes clear, setting aside revocable funds isn t a very useful way to plan for one s funeral. It might make sense if you have a person who is just slightly over the asset limit for eligibility and needs to set aside some money for funeral expenses. Keeping in mind, eligibility issues aside, the $1,500 is most likely not going to be sufficient for their eventual funeral/burial expenses. Irrevocable Burial Trust Once you start making the money inaccessible you begin to be able to set aside more of it. One of the ways of making the money inaccessible is to establish an irrevocable burial trust. A burial trust is a trust established by the beneficiary naming a bank as a trustee and a funeral home as beneficiary. When the beneficiary passes away, the trustee or trust administrator disburses the funds in the trust to the funeral home to pay for the beneficiary s funeral. The SSI/MA recipient can set aside up to $3,000 of their money in an irrevocable burial trust. 5
6 New Change A recent modification to the MA rules, effective February , expands the amount of funds a recipient can have in an irrevocable burial trust. Now, in addition to the $3,000 that a recipient can place in an irrevocable trust, friends or family can contribute an additional amount up to $1,500 in the trust. So now a beneficiary can have up to $4,500 in an irrevocable burial trust as long as funds in excess of $3,000 are placed in the trust by the recipient s family and friends. Example 2 Emma is applying for Family Care. She contributed $3,400 to an irrevocable burial trust. In addition, her son Larry contributed an additional $900. The principal of the trust totals $4,300. Since any contribution that brings the total trust principal value above $3,000 must be contributed by friends and family, only $3,000 of the amount contributed by Emma is exempt. The additional $400 she contributed is considered an available asset. The $900 contributed by her son is exempt since the total principal amount is under $4,500. Advantages and Disadvantages of an Irrevocable Burial Trust Advantage: can have up to $4,500 excluded for burial vs. $1,500 revocable burial fund; Disadvantages: is irrevocable, lose access to the money, $3,000 or $4,500 goes further than $1,500 but still not a lot when it comes to funeral and burial expenses. 6
7 Life Insurance Funded Burial Contract Most funerals cost way more than $3,000 or $4,500. A life insurance funded burial contract involves purchasing a life insurance policy and then (revocably or irrevocably) assigning ownership of the policy or the proceeds to a third party, usually a funeral provider. The recipient and the funeral home draw up a list of goods and services (the contract), the recipient purchases a life insurance policy with a sufficient death benefit to pay for the goods and services and then assigns (either revocably or irrevocably) those proceeds to the funeral home. Basically what the person is doing is pre-purchasing their funeral/burial goods and services with the proceeds of a life insurance policy on their life. Revocable It doesn t make a lot of sense for individuals applying for MA/SSI to set up a revocable life insurance funded burial contract. The cash value of a revocable life insurance funded policy in excess of the $1,500 burial exclusion will count as an available asset. Irrevocable If the recipient irrevocably transfers the ownership of the policy to a funeral home or to an organization which will hold the policy in trust for the funeral, the cash value of the life insurance policy will not affect the recipient s eligibility for Medicaid as long as the cash value of the policy does not exceed the amount of the goods and services purchased. The contract must be specific about the cost of each item which is to be provided as part of the funeral. A person should seek the advice of an experienced attorney and/or their preferred funeral service provider for assistance with this option. 7
8 Example 3 Mr. Atkins has irrevocably assigned the ownership of his life insurance policy to a funeral home to fund a burial contract. The face value (death benefit) and the cash value of the LIFBC is $3,200. The Statement of Funeral Goods and Services shows $3,000 for the pre-arrangement of the funeral. A divestment in the amount of $200 occurred, because the cash value of the LIFBC exceeds the expenses of the prearrangement of the funeral. Advantages and Disadvantages of an Irrevocable Life Insurance Burial Contract Advantage: no limit on the amount of funds excludable for funeral/burial expenses; can actually pay for a person s entire funeral Disadvantages: is irrevocable, lose access to the money Our role Inform clients of the burial asset exclusion rules. If they re a little bit above the SSI/MA eligibility limit, it s ok to inform them of the availability of the $1,500 burial fund and $3,000 irrevocable trust exclusion. For more advanced planning (i.e. Life Insurance Funded Burial Contracts) we can refer them to the Funeral home of their choice, or the yellow pages. In my experience funeral homes, admittedly having a financial interest in doing so, are very familiar with MA/SSI requirements and have products designed to provide excluded funeral services for individuals eligible for MA/SSI. 8
9 Publicly Funded Funeral Expenses So we ve talked about what individuals can do in terms of setting aside their own burial and funeral resources and remaining eligible for SSI/MA but what about SSI/MA eligible individuals who pass away without sufficient resources to pay for their burial and funeral? There is limited assistance available through the Wisconsin Funeral and Cemetery Aids Program. Publicly Funded Funeral Expenses Under this program, certain public assistance recipients may be eligible to have their cemetery and funeral expenses paid for by the state if the recipient's estate does not have sufficient resources to cover these costs. (Wis. Stats ) Previously, county and tribal economic support agencies processed requests for this assistance and disbursed funds. As of January 1, 2012, due to the Income Maintenance Consortiums, requests for reimbursements must be made to the Enrollment Management Central Application Processing Office. DHS has a very helpful website: Who is eligible for the Wisconsin Funeral and Cemetery Aids Program? The Department may reimburse cemetery and/or funeral expenses of a person who, on the date of death was any one of the following individuals: Categorically needy EBD related Medicaid recipient. Eligible for Institutional Medicaid at the time of death. All Home and Community Based Waiver recipients (Groups A, B and C). All Medicaid eligible Family Care recipients. Supplemental Security Income (SSI) or SSI State Supplement (SSI- SSP) or SSI MA recipient who was a Wisconsin resident. Parent or caretaker relative receiving BadgerCare Plus with family income that does not exceed 50% of the federal poverty level. 9
10 Who is not eligible The Department will not reimburse cemetery/funeral expenses for a person who on the date of death was receiving or qualified for: Medicare Buy-In Programs (QMB, SLMB, SLMB+) Medicaid Deductible Medicaid Purchase Plan (MAPP) Family Care Non-MA BadgerCare Plus Benchmark Plan BadgerCare Plus Core Plan The benefit: Cemetery Expenses v. Funeral Expenses The WFCA program can make two separate payments: one for cemetery expenses and one for funeral expenses. It can be a bit confusing because whether an expense is considered a cemetery expense or a funeral expense does not have to do with the nature of the item or service. It has to do with who provides the service. Any items purchased from a funeral home is considered a funeral expense and services purchased from a cemetery are cemetery expenses. Cremation is usually a final disposition and is usually treated as a cemetery expense. When a funeral home provides both funeral services and cremation services, all expenses will be treated as funeral expenses. There is one exception to this policy. Many small, rural cemeteries rely on a funeral home to provide certain goods and services on their behalf (e.g. The outer burial vault, opening and closing of the grave, etc.) Under this circumstance, and only this circumstance, the good or service will be counted as a cemetery expense, even though it is provided by a funeral home. How much are the benefits for cemetery expenses? The state will pay: The lesser of $1,000 or the cemetery expenses that are not paid by the estate of the deceased and by other persons. However, if the total cemetery expenses exceed $3,500 no payment is required. Thus, the most the program will ever pay is $1,000 and they will not pay anything if the total cemetery expenses exceed $3,
11 Example 4 The total cemetery expenses are $3,800. The estate is able to pay $2,900, leaving $900 still owed. The provider will not be eligible for reimbursement for any of the cemetery expenses as the expenses exceed the $3,500 cap (unless DHS has found that there are special circumstances). How much are the benefits for funeral expenses? The lesser of $1,500 or the funeral and burial expenses not paid by the estate of the deceased and by other persons. However, if the total funeral and burial expenses exceed $4,500 no payment is required. Thus, the most the program will pay is $1,500 and they will not pay anything if the total cemetery expenses exceed $4,500. (Unless DHS has found that there are special circumstances). Example 5 Total expenses charged by the funeral home are $3,000. The estate is able to pay $2,200 toward the funeral expenses. The provider may be reimbursed for $800 of the funeral expenses. 11
12 What are special circumstances? Under certain circumstances (for example, over-sized casket or transporting the deceased over long distances), the total expense caps as well as the reimbursement limits applying to funeral and cemetery expenses may be exceeded. The Department of Health and Family Services determines whether circumstances justify exceeding these limits. Who requests reimbursement and how do they do so? Reimbursement is not something that the spouse of the deceased or the representative of the deceased s estate requests. Total funeral and cemetery expenses must be reported by the funeral home, cemetery or crematory, using the "Wisconsin Funeral and Cemetery Aids Program Reimbursement Request form. A request for payment must be made to the Enrollment Management Central Application Processing Office less than 12 months after the death of the recipient. Our Role Similarly to the excluded burial assets we discussed in the previous section, funeral homes and cemeteries are pretty familiar with the WFCA program and automatically make reimbursement requests for eligible individuals. Our role is to simply make clients aware of its existence and its availability up to 12 months following the funeral/burial. 12
13 Our Role: Local Resources Finally, there may be local resources available in your area available for paying for burial/funeral costs for low income individuals. Veteran Burial Benefits Another option available for some of our clients are VA burial benefits. We should refer folks to Veteran Service Officers for assistance with these benefits but we need to be aware of what s available to know when a referral is appropriate. The benefits we will review are: The VA Burial Allowance Burial in National or State Veteran s cemetery. Funeral with Military Honors What is the VA Burial Allowance VA burial allowances are partial reimbursements of an eligible veteran s burial and funeral costs. When the cause of death is not service related, the reimbursements are generally described as two payments: (1) a burial and funeral expense allowance, and (2) a plot or interment allowance. 13
14 Who is eligible for the VA allowance A person may be eligible for a VA burial allowance if: The person paid for a veteran s burial or funeral AND The person has not been reimbursed by another government agency or some other source such as the deceased veteran s employer AND The veteran was discharged under conditions other than dishonorable In addition, at least one of the following conditions must be met: The veteran died because of a service related disability OR The veteran was receiving VA pension or compensation at the time of death OR The veteran was entitled to receive VA pension or compensation but decided not to reduce his/her military retirement or disability pay or The veteran died in a VA hospital or while in a nursing home under VA contract, or while in an approved state nursing home. How much does the VA burial allowance pay For a service related death, VA will pay up to $2000 toward burial expenses. If the veteran is buried in a VA national cemetery, some or all of the cost of moving the deceased may be reimbursed. For a non service related death, VA will pay up to $700 toward burial and funeral expenses, and a $700 plot interment allowance (if not buried in a national cemetery). Application Unlike The Wisconsin Funeral and Cemetery Aids Program, a person who paid for the funeral/burial can apply for the reimbursement. ARE.pdf A copy of the veteran s military discharge document (DD 214), death certificate, funeral and burial bills (indicating that they have been paid in full) should be submitted with the form. 14
15 State & National VA Cemeteries Eligible veterans can also be buried at no cost in either a State or National VA cemetery. Spouses and dependents can also be buried at state and National VA cemeteries for a small cost. Veterans who elect to be buried in a private cemetery can qualify for a free marker. WI VA Cemetery For the burial of eligible veterans, the cemeteries provide gravesites for casketed or cremated remains, engraved headstones or markers, opening and closing of the graves, and perpetual care free of charge. A fee is charged for interments of eligible veterans' spouses and family members. Where Are the State Veteran s Cemeteries There are 3 state veteran s cemeteries in Wisconsin. The Southern Wisconsin Center in Racine. The Northern Wisconsin Veterans Memorial Cemetery is located three miles south of Spooner. The Wisconsin Veterans Memorial Cemetery is adjacent to the Wisconsin Veteran s home in King. Members of the Home and other eligible veterans from Wisconsin may be buried in the cemetery. 15
16 What Are the Eligibility Criteria for Burial in A State Veteran s Cemetery? Eligibility is based on military service and Wisconsin residency. Military service: A veteran was discharged or released from active duty other than for training purposes and discharge was under honorable conditions or Members of the Wisconsin National Guard or Reserve components who, during a period of active duty for training, were disabled or died from disease or injury or aggravated in the line of duty during a period of inactive duty training, or A veteran, including National Guard members and Reservists with 20 years of qualifying service, who are entitled to retired pay or would be entitled, if at least 60 years of age. Residency: The veteran was a resident of Wisconsin at the time that (s)he entered military service or The veteran entered service from another state but was a Wisconsin resident for 12 consecutive months after discharge from military services. Or The veteran is a resident of Wisconsin at the time of death whether or not he/she lived in Wisconsin for 12 months. Who Else Besides Veterans Could be Eligible for Burial in a State Cemetery Surviving Spouses and dependent children are eligible for interment even if the veteran is not buried or memorialized in a state veterans cemetery. The interment/burial fee for a spouse/dependent child is $ The burial fee does not apply to the burial of an eligible veteran. National VA Cemetery Eligible veterans can also elect to be buried in a national VA cemetery. Burial benefits available include a gravesite in any of the 131 national cemeteries with available space, opening and closing of the grave, perpetual care, a Government headstone or marker, a burial flag, and a Presidential Memorial Certificate, at no cost to the family. 16
17 Who is eligible for burial in National cemeteries? Any veteran of the uniformed services who was discharged under conditions other than dishonorable. Spouses and certain dependents Military Funeral Honors Program The Military Funeral Honors Program. The Wisconsin Department of Veteran s Affairs administers the program with assistance from veteran s service organizations, funeral directors and the active and reserve components of the U.S. armed forces. Funeral directors are requested to ask the decedent s family if they would like military representation and/or local VSO support for honors to be provided. Who Is Eligible for MFHP Veterans are eligible for military honors at their funeral if they meet one of the following requirements: Currently serving on active duty or in the Selected Reserve (drilling with a unit) or Discharged from active duty under conditions other than dishonorable or Completed at least one term of enlistment or period of initial service in the Selected Reserve under conditions other than dishonorable or Discharged from the Selected Reserve due to a disability incurred or aggravated in the line of duty. 17
Legislative Fiscal Bureau One East Main, Suite 301 Madison, WI 53703 (608) 266-3847 Fax: (608) 267-6873
Legislative Fiscal Bureau One East Main, Suite 301 Madison, WI 53703 (608) 266-3847 Fax: (608) 267-6873 June 4, 2001 Joint Committee on Finance Paper #476 Treatment of Irrevocable Burial Trusts under MA
More informationHennepin County Burial Assistance Policy January 01, 2016
Hennepin County Burial Assistance Policy January 01, 2016 Maximum Burial Costs In accordance with MN Statute 261.035, Hennepin County will provide for the immediate burial or direct cremation for residents
More informationMedi-Cal Program Guide (MPG) Letter # 702
Medi-Cal Program Guide (MPG) Letter # 702 June 17, 2010 Subject TERM AND ENDOWMENT LIFE INSURANCE Effective Date Upon Receipt Reference ACWDL 08-02 Purpose To inform staff of changes to the treatment of
More information~ Department of Veterans
~ Department of Veterans What Are VA Burial Allowances? VA burial allowances are partial reimbursements of an eligible veteran's burial and funeral costs. When the cause of death is not service related,
More informationQUESTIONS AND ANSWERS ON MEDICAL ASSISTANCE FOR NURSING HOME CARE
QUESTIONS AND ANSWERS ON MEDICAL ASSISTANCE FOR NURSING HOME CARE Prepared by: Long Term Care Assistance Project, Maryland Legal Aid Updated January 2015 Medical Assistance is a government-funded program
More informationPennsylvania Medicaid Long Term Care Services
Pennsylvania Medicaid Long Term Care Services DISCLAIMER The purpose of this document is to provide a general overview of eligibility for Medicaid Long Term Care (LTC) in Pennsylvania. It is intended to
More informationPLANNED TRANSITIONS GUIDING YOU THROUGH LIFE S PASSAGES LIFE S PASSAGES PORTFOLIO
PLANNED TRANSITIONS GUIDING YOU THROUGH LIFE S PASSAGES LIFE S PASSAGES PORTFOLIO 1 Personal History Vital Statistics Date: Name: First Middle Maiden Name Last Address: City County State ZIP Sex: Male
More informationQuestions & Answers on Medical Assistance for Nursing Home Care In Maryland
Questions & Answers on Medical Assistance for Nursing Home Care In Maryland 1. What is Medical Assistance? Will the Nursing Home or the State take my house? Will we have to use my spouse s income to pay
More informationApplication for Mississippi Medicaid Aged, Blind and Disabled Medicaid Programs
Application for Mississippi Medicaid Aged, Blind and Disabled Medicaid Programs This application is used for an individual, couple or child to apply for Medicaid due to age or disability. Please read each
More informationLONG TERM CARE ISSUES MEDICAID
LONG TERM CARE ISSUES and MEDICAID Prepared by: Adult Services Bureau of Assistance Programs State of Connecticut Department of Social Services 25 Sigourney Street Hartford, Connecticut 06106-5033 Telephone
More informationWHEN DOES MEDICAID PAY FOR LONG-TERM CARE?
WHEN DOES MEDICAID PAY FOR LONG-TERM CARE? Revised July 2014 Authored 2/04 by James W. (Jay) Speer, Attorney at Law Revised 7/14 by Kathy Pryor, Attorney at Law Virginia Poverty Law Center 919 E. Main
More informationSimply. Speak ng. funeral planning
Simply Speak ng funeral planning Dear Reader If you re reading this guide, you may have started asking yourself some important questions about your funeral arrangements and end-of-life expenses. We understand
More informationSTATE OF CONNECTICUT
(New 3/13) STATE OF CONNECTICUT DEPARTMENT OF SOCIAL SERVICES SOME QUESTIONS AND ANSWERS ABOUT APPLYING FOR MEDICAID TO PAY FOR LONG-TERM CARE or HOMECARE. Medicaid rules are complicated and change often.
More informationVeterans Benefits. Chapter. In This Chapter
Veterans Benefits Chapter Veterans of the United States armed services may be eligible for some or all of the benefits outlined in this chapter. For additional information or a list of benefits not covered
More informationSOME QUESTIONS AND ANSWERS ABOUT FINANCIAL ELIGIBILITY FOR MEDICAID NURSING HOME SERVICES
SOME QUESTIONS AND ANSWERS ABOUT FINANCIAL ELIGIBILITY FOR MEDICAID NURSING HOME SERVICES This summary is intended to provide a limited overview of Medicaid eligibility for nursing home services in the
More informationPaying for Long-Term Care: An Overview of Medical Assistance. Prepared by the Elder Law Team at:
Paying for Long-Term Care: An Overview of Medical Assistance Prepared by the Elder Law Team at: THE NUMBERS REFERENCED IN THIS BOOKLET CHANGE IN JANUARY AND JULY OF EACH YEAR. WE RECOMMEND YOU MEET WITH
More informationWV INCOME MAINTENANCE MANUAL. Assets
DEFINITIONS ASSETS Total real and personal property the client has available to meet financial needs, including the value of assets assigned from certain individuals. may be liquid or non-liquid. LIQUID
More informationQUESTIONS AND ANSWERS ON THE COPES PROGRAM
QUESTIONS AND ANSWERS ON THE COPES PROGRAM COLUMBIA LEGAL SERVICES JULY 2016 THIS PAMPHLET IS ACCURATE AS OF ITS DATE OF REVISION. THE RULES CHANGE FREQUENTLY. 1. What is COPES? COPES is a Home and Community
More informationSurvivor Benefit Information of Military. Shirley Pratt MOPH NSO Annual Training March 2014, Orland FL
Survivor Benefit Information of Military KIA Personnel Shirley Pratt MOPH NSO Annual Training March, Orland FL Deaths on Active Duty - Survivor Benefits The Department of Veterans Affairs (VA) has a variety
More informationBENEFITS FOR VETERANS AND THEIR FAMILIES
BENEFITS FOR VETERANS AND THEIR FAMILIES The United States Department of Veterans Affairs (VA) offers a broad range of services for veterans of all ages. Unfortunately, some services are underused because
More informationTips for People with MS and Their Partners Planning for the Future
Tips for People with MS and Their Partners Planning for the Future Dick Bell- Financial Education Partners Bradley Frigon- National Academy of Elder Law Attorneys 1 Financial Planning- Common Goals Maintain
More informationOur Goal is to Assist Veterans & Their Dependents in Obtaining All Federal, State & County Benefits They May Be Entitled to Receive
Our Goal is to Assist Veterans & Their Dependents in Obtaining All Federal, State & County Benefits They May Be Entitled to Receive Misc Service Connected Comp Veterans Pension Survivor s Benefits Nebraska
More informationIMPORTANT CONTACTS MEDICAID INCOME AND ASSET RULES FOR NURSING HOME RESIDENTS. As of July 1, 2015
IMPORTANT CONTACTS For legal advice and counseling regarding the Medicaid Income and Asset Rules for Nursing Home Residents, contact the Lawyer Referral Service of the New Hampshire Bar Association at
More informationAPPENDIX C STEP-BY-STEP INSTRUCTIONS IN THE EVENT OF STUDENT DEATH
APPENDIX C STEP-BY-STEP INSTRUCTIONS IN THE EVENT OF STUDENT DEATH STEP-BY-STEP INSTRUCTIONS IN THE EVENT OF STUDENT DEATH STEP Step 1: Determine Circumstances of Death Step 2: Contact Mortuary DESCRIPTION
More informationQUESTIONS & ANSWERS ABOUT FINANCIAL ELIGIBILITY FOR MEDICAID NURSING HOME SERVICES IN FLORIDA
QUESTIONS & ANSWERS ABOUT FINANCIAL ELIGIBILITY FOR MEDICAID NURSING HOME SERVICES IN FLORIDA This summary is intended to provide a limited overview of Medicaid eligibility for nursing home services in
More informationVA supports Servicemembers and Veterans families. Summary of VA Dependents and Survivors Benefits
VA supports Servicemembers and Veterans families Summary of VA Dependents and Survivors Benefits VA honors the sacrifices of Servicemembers and Veterans dependents and survivors through many benefit programs,
More informationHow a Surviving Spouse Can Use the VA Home Loan Benefit and other VA Survivor s Benefits
How a Surviving Spouse Can Use the VA Home Loan Benefit and other VA Survivor s Benefits From the Book, What Every Veteran Needs to Know by Peter Van Brady At SoCalVAHomes, we have a long history of working
More informationAn investment contract or agreement, which gives the right to receive fixed, periodic payments, either for life or a term of years.
DEFINITIONS AMORTIZATION SCHEDULE ASSETS The schedule of payments for paying off a loan. Total real and personal property the client has available to meet financial needs, including the value of assets
More informationQuestions and Answers Surrounding Elder Care Law
Questions and Answers Surrounding Elder Care Law Heather Durham Nadler, Esq. Certified Elder Law Attorney Heather Durham Nadler, P.C. 2600 Century Parkway, Suite 100 Atlanta, Georgia 30345 (678) 916-5390
More informationWhen you receive longterm
Life & Health Insurance Advisor MRCT Benefits Plus is a comprehensive employee benefits, wellness and Human Resources consulting firm offering a variety of financial services to businesses and individuals
More informationMISSISSIPPI DIVISION OF MEDICAID
Page 3100 302.06 PERSONAL PROPERTY Personal property, discussed in this section, includes automobiles, life insurance, household goods and personal effects and burial funds. 302.06.01 AUTOMOBILES An automobile
More informationWill and Living Trust information Packet
Will and Living Trust information Packet University of the Nations Gift Planning Services 75-5851 Kuakini Hwy, #433 Kailua-Kona, Hawaii 96740-2199 Phone 808-326-4453 Dear Friend of YWAM Kona, Many people
More informationLegal Issues as You Age: Control your destiny. Don t let others do it for you. Kris L. Maser October 20, 2014
Legal Issues as You Age: Control your destiny. Don t let others do it for you. Kris L. Maser October 20, 2014 What is Life Care Planning? Wealth Accumulation Dealing with unplanned issues along the way
More informationIndiana ICES Program Policy Manual DFC CHAPTER: 4800 SECTION: 4800 4805.05.00 RESOURCES OF THE DECEASED (C, MED 1)
Indiana ICES Program Policy Manual DFC CHAPTER: 4800 SECTION: 4800 BURIAL ASSISTANCE TABLE OF CONTENTS 4800.00.00 BURIAL ASSISTANCE (C, 4805.00.00 ESTATE OF THE DECEASED (C, 4805.05.00 RESOURCES OF THE
More informationTHE FOR THE ELDERLY, BLIND AND DISABLED
THE MEDICAID PROGRAM IN CONNECTICUT BASIC ELIGIBILITY FOR THE ELDERLY, BLIND AND DISABLED Prepared by: Adult Services Bureau of Assistance Programs State of Connecticut Department of Social Services 25
More informationLocal 804 Pension Plan
Local 804 Pension Plan A guide to your pension plan benefits Union Benefit Plans Services Contact Contact us If you have any questions about the plan, please contact the plan administrator: Union Benefit
More informationHow To Get A Veterans Affairs Benefit Package
Emmet County Department of Veterans Affairs 200 Division St., G92 Petoskey, MI 49770 (231) 348-1780 Putting Veterans First A summary of Veterans Affairs Benefits VA pledges to: Treat you with courtesy,
More informationHow super works. MySuper. Member Booklet Supplement. 1 July 2015
Member Booklet Supplement How super works July 205 The information in this document forms part of the First State Super Member Booklets (Product Disclosure Statements) for: Employer Sponsored members dated
More informationLong Term Care Planning means... Having your paperwork in order AND
Long Term Care Planning means... Having your paperwork in order AND knowing what financial options are available to pay for long term care in both pre-crisis and crisis situations. Getting Your Paperwork
More informationConsumer Information Guide to Funerals, Burials
Consumer Information Guide to Funerals, Burials And Cremation Services Board of Funeral Services Losing a loved one can be a difficult and stressful time. Whether you need to arrange a funeral, burial
More informationSouthern Caregiver Resource Center
Southern Caregiver Resource Center Caring for those who care for others Fact Sheet: Legal Issues and Consultation Introduction When an adult member of your family has been diagnosed with a medical condition,
More informationFinancial Benefits Guide for Seniors
Financial Benefits Guide for Seniors Binghamton, NY 13902-1766 Phone (607) 778-2411, Fax (607) 778-2316 e-mail: ofa@co.broome.ny.us www.gobroomecounty.com/senior Updated: January 2015 A variety of financial
More informationFrequently Asked Questions
Frequently Asked Questions What is a Revocable Living Trust? A trust is a contract where one (Grantor/Settlor) or two or more persons (Grantors/Settlors) transfers property to a non-person entity for the
More informationHealth Savings Accounts (HSA)
What is a Health Savings Account? Health Savings Accounts (HSAs) were created so that individuals covered by qualified highdeductible health plans could receive tax-preferred treatment for money saved
More informationOlmsted County Community Services Department Policy Statement
TITLE: Olmsted County Community Services Department Policy Statement County Burial Policy Code: 4.601 PURPOSE: REFERENCE: PERSONNEL RESPONSIBLE: The purpose of this policy is to establish burial costs
More informationThe 2015 Self-Assessment Guide For Long Term Care Insurance
The 2015 Self-Assessment Guide For Long Term Care Insurance A JOINT PUBLICATION BY: SHIP State Health Insurance Assistance Program And Indiana Partnership Long Term Care Insurance Program Both of the Indiana
More informationGENERAL INFORMATION FUNERAL/CEMETERY PLANNING
GENERAL INFORMATION FUNERAL/CEMETERY PLANNING A. GLOSSARY OF TERMS Ashes or Cremated Remains the product of reducing the human body through cremation Casket/Coffin - A box or chest for burying human remains.
More informationSpecial Needs Trusts and Government Benefits Preservation
Special Needs Trusts and Government Benefits Preservation Peter H. Wayne, IV Wyatt, Tarrant & Combs, LLP (502) 562-7532 pwayne@wyattfirm.com Q. What is a special needs trust? A. A Special needs trust (
More informationFinancial Benefits for Seniors (9/10/10)
Financial Benefits for Seniors (9/10/10) Prepared by Broome County Office for Aging Programs are available to seniors that can save you money or increase your income. Eligibility requirements may apply
More informationMEDICAID. For SSI-related persons. Iowa Department of Human Services. Comm. 28 (Rev.7/10) PRINTED ON RECYCLED PAPER
MEDICAID For SSI-related persons Comm. 28 (Rev.7/10) PRINTED ON RECYCLED PAPER Iowa Department of Human Services DHS POLICY ON NONDISCRIMINATION No person shall be discriminated against because of race,
More informationVirginia Medicaid Explanation
SPECIAL REPORT This Special Report is brought to you by HOOK LAW CENTER Legal Power for Seniors Tel: 757-399-7506 Fax: 757-397-1267 Locations: Virginia Beach 295 Bendix Road, Suite 170 Virginia Beach,
More informationSlide 1. Slide 2. Slide 3. Financial Eligibility is the same for both traditional Waivers and Family Care. Group A Group B Group C
Slide 1 Presented By: Megan Koch, ERI Slide 2 Explain the three financial eligibility groups for Long Term Care Determine an individual s financial eligibility group for Long Term Care Explain what expenses
More informationA Quick Guide to Long Term Care Medicaid
COMMISSIONERS Jimmy Dimora Timothy F. Hagan Peter Lawson Jones A Quick Guide to Long Term Care Medicaid DSAS Services & Solutions for Better Living INTRODUCTION The Department of Senior & Adult Services
More informationSTATE OF ILLINOIS COMPTROLLER LESLIE GEISSLER MUNGER TO ASSIST YOU WITH IMPORTANT DECISIONS ILLINOIS. Legal Rights and Protections Under Illinois Law
STATE OF ILLINOIS COMPTROLLER LESLIE GEISSLER MUNGER ILLINOIS CONSUMER GUIDE TO PRE-NEED CEMETERY SALES TO ASSIST YOU WITH IMPORTANT DECISIONS ILLINOIS Legal Rights and Protections Under Illinois Law ILLINOISCOMPTROLLER.COM
More informationMA 800 (07/01/07), Bulletin MA 107 (09/09/10) 3. Qualifying Individual (QI) (see MA 803-1).
Department of Public Health and Human Services MEDICAL ASSISTANCE Section: MEDICARE SAVINGS PROGRAMS Subject: General Overview Supersedes: References: (07/01/07), Bulletin MA 107 (09/09/10) ARM 37.82.101,
More informationMedicaid Spousal Impoverishment Protection
Medicaid Spousal Impoverishment Protection Part 7 Background Spousal impoverishment allows the Community Spouse of an institutionalized person to retain income and assets that are above the regular Medicaid
More informationVeterans Benefits: An Overview of Compensation and Pension By Valerie L. Peterson, J.D. Executive Director, ElderCounsel, LLC
Veterans Benefits: An Overview of Compensation and Pension By Valerie L. Peterson, J.D. Executive Director, ElderCounsel, LLC Veterans Compensation Overview. Compensation is the benefit paid to veterans
More information42 CFR 435.725 and.832; ARM 37.82.101,.1320; 42 U.S.C. 1396r-5; General Appropriations Act of 2007 (DP 22904)
Department of Public Health and Human Services MEDICAL ASSISTANCE Section: RESIDENTIAL MEDICAL Subject: Post-Eligibility Treatment of Supersedes: (07/01/14) References: 42 CFR 435.725 and.832; ARM 37.82.101,.1320;
More informationDisabled Veteran or Surviving Spouse Exemption Claim [Oregon Revised Statute (ORS) 307.250-307.283]
Disabled Veteran or Surviving Spouse Exemption Claim [Oregon Revised Statute (ORS) 307.250-307.283] Instructions For Assessor s use only Complete either Part 1 or Part 2 of this claim form on page 2, not
More informationLIFE INSURANCE STRATEGY GUIDE
LIFE INSURANCE 101 STRATEGY GUIDE : STRATEGY GUIDE TABLE OF CONTENTS Why You May Need Life Insurance... 5 Shopping for Life Insurance... 5 How Much Life Insurance to Obtain... 6 Calculating Total Funds
More informationUsing trusts can help to make sure your financial plans take care of the future
Using trusts can help to make sure your financial plans take care of the future 2 Trusts and what they do If you ve already taken the time to make financial plans for the future, using trusts can help
More informationDecedent s Probate What These Terms Mean Is Probate Necessary to Transfer Property at Death?
probate Decedent s Probate In this chapter you will find a description of probate procedures to transfer property when a person dies. Probate is a court-supervised process of transferring legal title from
More informationModule 8: Reverse Mortgages and Other Private Financing Options for Long-Term Care. Posted 5/31/05
Module 8: Reverse Mortgages and Other Private Financing Options for Long-Term Care Posted 5/31/05 Answers to Key Questions What LTC financing options are available other than insurance? What are the differences
More informationVA Benefits for Veterans Dependents and Survivors. Presented by
VA Benefits for Veterans Dependents and Survivors Presented by November 6, 2014 Presenter Christine Golden National Service Director VetsFirst, a program of United Spinal Association Email: cgolden@vetsfirst.org
More informationMedical Assistance ESTATE RECOVERY PROGRAM. Questions and Answers
Medical Assistance ESTATE RECOVERY PROGRAM Questions and Answers 1. What is the Medical Assistance Estate Recovery Program? Established under federal law, this program requires the Department of Public
More informationPension Management Center
Pension Management Center Heidi Schweitzer-Taavao, Assistant Pension Center Manager September 2014 Excellent Year! End of FY13 September 19, 2014 36,266 claims pending 113 ADP (all end products) 20,503
More informationAdvanced Cafeteria Plans. 2016 Employee Benefits Corporation. Copyright 2015 Employee Benefits Corporation
Advanced Cafeteria Plans 2016 Employee Benefits Corporation 2 1 Erin Freiberg, JD Compliance Attorney Employee Benefits Corporation The material provided in this webinar is by Employee Benefits Corporation
More informationFINAL DETAILS Practical Considerations and A Guide for Survivors When Death Occurs
FINAL DETAILS Practical Considerations and A Guide for Survivors When Death Occurs The death of a spouse or loved one is a very difficult time. Yet even during this period of grief and emotional readjustments,
More informationQUESTIONS AND ANSWERS ON MEDICAID FOR NURSING HOME RESIDENTS. 1. What is Medicaid? COLUMBIA LEGAL SERVICES OCTOBER 2015
QUESTIONS AND ANSWERS ON MEDICAID FOR NURSING HOME RESIDENTS COLUMBIA LEGAL SERVICES OCTOBER 2015 THIS PAMPHLET IS ACCURATE AS OF ITS DATE OF REVISION. THE RULES CHANGE FREQUENTLY. 1. What is Medicaid?
More informationDeath and Disability Benefits Iraq and Afghanistan
United States Department of State Bureau of Human Resources Office of Retirement Room H-620, SA-1 Washington, D.C. 20522 Death and Disability Benefits Iraq and Afghanistan COMPENSATION THAT MAY BE PROVIDED
More informationSpecial Needs Trusts. What is a special needs trust? Why establish a special needs trust?
Special Needs Trusts What is a special needs trust? Why establish a special needs trust? What requirements must a special needs trust meet? What types of special needs trusts are available? How is a special
More informationVictim Services Funeral Grants & Benefits
Victim Services Funeral Grants & Benefits Funeral Gr s Funeral Grants and Benefits Life Insurance Life insurance companies ensure that policy benefits are paid at the time of death. Either a life insurance
More informationcare tips Advanced Care Planning Updated 05/12
Advanced Care Planning Updated 05/12 Advanced Care Planning Advanced Planning...1 Choosing a Health Care Representative...2 Designated Representative Form...4 Final Arrangements...5 Medicare Hospice Benefit...8
More informationWHAT MASSACHUSETTS VETERANS NEED TO KNOW
WHAT MASSACHUSETTS VETERANS NEED TO KNOW BESIDES HAVING A COPY OF YOUR DD 214, THIS MAY BE ONE OF THE MOST IMPORTANT DOCUMENTS YOU NEED TO REVIEW AND SAVE! The Veterans Administration and the Commonwealth
More informationSummary of VA Benefits
Summary of VA Benefits You are here We are here to help you find your way text Bird & Flags stars & disk You have sacrificed to keep our country and everything it represents safe. The U.S. Department of
More informationFINANCIAL & ESTATE PLANNING ORGANIZER. R.W. Rogé & Company, Inc.
FINANCIAL & ESTATE PLANNING ORGANIZER Blank FINANCIAL & ESTATE PLANNING ORGANIZER In order to simplify matters, the following pages of financial and estate planning information serve to aid my family in
More informationWebinar. Veterans Aid & Attendance Benefit: A Provider s s Perspective
Webinar Veterans Aid & Attendance Benefit: A Provider s s Perspective 1 Benefits of Helping Residents Apply for VA Benefit Provide an additional customer service. Application may result in financial assistance
More informationUnderstanding US Veteran Benefits and Services
Veterans Passare Understanding US Veteran Benefits and Services ebook #13 Understand US Veteran Benefits and Services : ebook #13 Understanding US Veteran Benefits and Services As a US military Veteran
More informationMedicaid Estate Recovery
Unraveling the Mysteries of Medicaid Estate Recovery November 20, 2014 Miriam H. Sheline Litigation Director Pro Seniors, Inc. Copyright 2014 Matthew B. Barnes EJW Fellow Staff Attorney - 1 - What is Medicaid
More informationVeterans Benefits: Pension Benefit Programs
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 9-9-2015 Veterans Benefits: Pension Benefit Programs Scott D. Szymendera Congressional Research Service Carol
More informationFederal Benefits for Veterans, Dependents and Survivors, 2014 edition
CHAPTER 18 STUDY PLAN VA LIFE INSURANCE OBJECTIVE To learn about the different types of life insurance plans available to veterans, and the terms and conditions associated with them. REFERENCES: Title
More informationSnoq. Tribal Code T. 13, Ch. 3, Refs & Annos
Snoq. Tribal Code T. 13, Ch. 3, Refs & Annos Chapter 3. Snoqualmie Tribal Funeral Assistance Code GENERAL NOTES An Act Relating To Funeral Assistance Be It Enacted By The Snoqualmie Tribal Council Enacted
More informationTHE ADVISOR. An Estate Planning Publication from The Law Office of Stephen Bezaire SOME CLARITY CONCERNING FEDERAL ESTATE TAXES
THE ADVISOR 2700 E. Foothill Blvd, Ste 306, Pasadena, CA 91107 (626) 585-6970 Spring 2013 An Estate Planning Publication from The Law Office of Stephen Bezaire SOME CLARITY CONCERNING FEDERAL ESTATE TAXES
More informationVOLUME II/MA, MT 47 01/14 SECTION 2407-1
2407 POLICY STATEMENT BASIC CONSIDERATIONS To Qualify as a QIT Who May Establish a QIT? Effective September 1, 2004, Qualified Income Trusts (QIT) become a viable means in Georgia by which an LA-D A/R
More informationProperty Tax Relief Programs
Property Tax Relief Programs You may be eligible for tax relief! This booklet is designed to help you understand options available to you Board of Assessors David Brown, Chair Susan Miller Carol Leipner
More informationTop 15 Questions About the Post-9/11 GI Bill
Top 15 Questions About the Post-9/11 GI Bill Who is Eligible for the Post-9/11 GI Bill? Veterans who have served on active duty at least 90 aggregate days after Sept. 10, 2001, or served at least 30 continuous
More informationHandy Handbook For Senior Veterans
Handy Handbook For Senior Veterans Non-Service Connected Benefits for Homecare, Assisted Living, and Nursing Home www.nasv.org National Association of Senior Veterans 2012 Forword The process of applying
More informationLove Letter to My Family
CORNER STONE Financial Planning Love Letter to My Family From (Effective, 20 ) Dear Family: In an attempt to make things easier for you, I have written this letter to provide you with information that
More informationThe. Estate Planner. Pension payouts: What s the best option? Take care of a loved one who has special needs with an SNT. Shopping for tax savings
The Estate Planner September/October 2011 Pension payouts: What s the best option? Take care of a loved one who has special needs with an SNT Shopping for tax savings Relocating a trust to a tax-friendly
More informationQUESTIONS AND ANSWERS ON THE COPES PROGRAM
QUESTIONS AND ANSWERS ON THE COPES PROGRAM COLUMBIA LEGAL SERVICES OCTOBER 2015 THIS PAMPHLET IS ACCURATE AS OF ITS DATE OF REVISION. THE RULES CHANGE FREQUENTLY. 1. What is COPES? COPES is a Home and
More informationSummary of VA Benefits
Summary of VA Benefits You are here We are here to help you find your way text Bird & Flags stars & disk SUMMARY OF VA BENEFITS You have sacrificed to keep our country and everything it represents safe.
More informationGeneral Information. Prearrangements
This book discusses funerals - a subject which, as we go about our everyday lives, seldom enters our minds. When it does, we do think about funerals emotionally, and often with difficulty. For your convenience,
More informationIt is important to meet with an experienced elder law attorney who understands the Medicaid rules before making any changes to your property.
230 North Elm Street, Suite 1500 Greensboro, NC 27401 100 Europa Drive, Suite 271 Chapel Hill, NC 27517 336.370.8800 MEDICAID (fax) 370.8830 www.schellbray.com Medicaid is a government program that can
More informationGETTING THE MOST OUT OF YOUR LIFE INSURANCE
GETTING THE MOST OUT OF YOUR LIFE INSURANCE The Irrevocable Life Insurance Trust AMERICAN ACADEMY OF ESTATE PLANNING ATTORNEYS, INC. Getting The Most Out Of Your Life Insurance 1 If you own life insurance,
More informationDebts After Death. Who has authority after death? Who has authority after death?
Debts After Death By: Kate Schilling, BSSA April 2011 Who has authority after death? Guardian s authority ends at death POA sauthority ends at death If not listed as a joint owner of the property or asset,
More informationWhat happens when a person receiving disability benefits goes to work? Understanding Benefits & Work Incentives
What happens when a person receiving disability benefits goes to work? Understanding Benefits & Work Incentives Presented by Granite State Independent Living s Financial Planning for Employment and Benefit
More informationMAINE REVENUE SERVICES PROPERTY TAX DIVISION PROPERTY TAX BULLETIN NO. 7
MAINE REVENUE SERVICES PROPERTY TAX DIVISION PROPERTY TAX BULLETIN NO. 7 TAX EXEMPTIONS FOR VETERANS REFERENCE: 36 M.R.S. 653 January 22, 2016; replaces June 24, 2015 revision This bulletin outlines the
More informationMeade County Veteran Services
Meade County Veteran Services What is a VSO? - Disability Compensation, VA Healthcare enrollment, Non-Service Connected Pension, Spousal Benefits, Educational Benefits, Burial Benefits, Discharge Upgrades,
More informationIllinois. State Supplementation. Illinois. Mandatory Minimum Supplementation
Illinois State Supplementation Mandatory Minimum Supplementation Administration: State Department of Human Services. Optional State Supplementation Administration: State Department of Human Services. Effective
More informationGENERAL PRICE LIST. These prices are effective as of January 15, 2012, but may be subject to change without notice.
Toppitzer Funeral Home, Inc. Joan M. Hagan, Supervisor 2900 State Road Drexel Hill, PA 19026 (610) 259-1111 GENERAL PRICE LIST These prices are effective as of January 15, 2012, but may be subject to change
More information