In regards to spending down for Medicaid, I understand we can buy an irrevocable funeral trust up to $10,000 for GA.
However, can the purchase of a burial plot and headstone be separate? Can we go ahead and purchase those as well?
We are planning on meeting with elder lawyer soon, but thought some of you might have an idea.
I just read the average cost for a lot is 200 to 2000 depending on where u live. Some cemeterys require plaques others will allow stones. So, if Medicaid in your state only allows 10k then you will be paying out of pocket for some things. Or, you cremate and then use the remainder of the 10k for a plot, flowers, a service, luncheon, stone ect. What doesn't get used goes back to Medicaid.
She already had a plot. She had no funeral. She was cremated. It should have been the barest minimum of expense to bury her. But, it still cost my husband and me nearly $7,000 we didn’t have. This was insane. If she’d known what it cost, she would have been incensed. This is why I would never pre-pay for burial or funeral expenses without having an attorney scrutinize the contract first.