Dad wants to prepay for kids funeral. Has anyone ever heard of this?

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Lovesgirl Asked March 1, 2024

Dad wants to prepay for kids funeral. Has anyone ever heard of this?

Hi dad has 3 adult children. We already own burial plots. He is doing an irrevocable funeral prepay for himself. He wants to do one for each of us 3 grown kids too. I told him I don’t think Medicaid would recognize those as valid exemptions if he has to apply for Medicaid within the next 5 years. He also thinks he can pay any of our medical bills too. Has anyone ever heard of this?

Assisted Living Financial Planning Funeral Planning Medicaid

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score 0 · Answer 1

He is doing this trust work with a qualified attorney.
He should discuss this with that attorney.
I agree with you, that I doubt Medicaid would be OK with his burying others, so to speak.
Wishing you the best. Hope you will update us with the answer Dad comes up with.

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score 0 · Answer 2

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score 6 · Answer 3

Prepaying for childrens funerals and paying for childrens medical bills will probably be seen as gifting by Medicaid and cause penalties.

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score 4 · Answer 4

No, I don't think Medicaid would like that.

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score 2 · Answer 5

Take dad and Elder Law attorney. Medicaid regs vary widely from state to state.

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score 0 · Answer 6

Why does he feel the need to buy plots for all of you when you have your own? I would politely decline his offer.

Pay your medical bills? That’s odd and none of it will be allowable. Why does he want to do these things?

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score 7 · Answer 7

They are not valid exemptions.

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Dad wants to prepay for kids funeral. Has anyone ever heard of this?

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