burial trust

If you are applying for long-term care through MassHealth, a Burial Trust is something that can help get you qualified if you aren't already! 

 

 

 

MassHealth has an asset limit of $2,000 for a single person, but they will allow you to set additional money aside if it is earmarked exclusively for burial and is part of a written funeral contract. At Monteforte Law, P.C. we can earmark that money by putting it into a Burial Trust for the applicant's final expenses, and then MassHealth will not count the money as an asset. 

 

 

A Burial Trust also takes the hardships away from your loved ones, since your wishes will already be spelled out and paid for. Just as a normal Trust, you must name a trustee for this Trust as well. In this case, oftentimes people elect the funeral home to be the trustee, but you are welcome to choose whoever you believe will carry out your wishes.

 

 

 

To learn more about applying for MassHealth Medicaid long-term care, visit here.