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Medicaid Avoidance Funeral Life Insurance Trust

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Posted by Harve Senter on March 17, 2003 at 18:44:03:

To shelter more than the $1,500 maximum for funeral needs from Medicaid, does an irrevocable funeral trust life insurance policy, let's say of $8,000 value escape the "look back period" of 60 months?

Can this type of policy legally help the children from being stuck from paying for Mom or Dad's funeral if purchased less that 60 months ahead of Medicaid assesment time?



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