It is advisable to set aside funds for funeral expenses when a loved one is entering a nursing home or receiving Title XIX assistance for skilled care at home.
When preparing to place a loved one in a nursing home or arranging for skilled care at home, it is sometimes necessary to "spend down" the assets of the person. It is important to set aside the allowable funds for funeral costs, and Washington Memorial will assist you in planning that will meet title XIX requirements. An Irrevocable Funeral Trust Account, a Revocable Burial Plot Contract or a combination of both can be set up. John Iacobucci and Peter Torello will be happy to speak to you about the benefits of these accounts either by phone or in person.