Irrevocable Burial Accounts (IBA) are accounts set up for the sole purpose of providing funds for an individual’s funeral and burial expenses. Funds, below the maximum limit … which are deposited in the account, are not considered as assets in determining eligibility for SSI or Medical Assistance.
Benefits of Irrevocable Burial Accounts Read More »
Trust Matters Medicaid Planning: Safeguarding Assets and Benefits Financial Planning, Long Term Care, Medicaid, Medical Assistance Planning to protect assets and benefits Medicaid Planning enables the movement of countable, unprotected assets into non-countable, protected positions to legally shift the burden for the cost of an individual’s care onto the government. Additionally, Medicaid Planning
Medicaid Planning: Safeguarding Assets and Benefits Read More »