Protecting Your Assets
Protecting your assets at any age is important, but never more than when you are confined to a nursing home or need to apply for Medical Assistance (Medicaid). By transferring ownership of your policy to the NGL Funeral Expense Trust, as of the effective date of transfer, you may be able to exclude your policy as an asset for Medicaid eligibility purposes. In addition, you can be assured that the funds in the policy will be used to first pay your funeral expenses, with any excess returned to your estate.
Benefits of an Irrevocable Funeral Trust
Excluded From Assets
Proceeds are Paid to the Trust
Funds are Protected
Individual state regulations may vary.
We can assist you with finding a qualified attorney who can help with acquiring an irrevocable funeral trust.
Contact us today for assistance about establishing an irrevocable funeral trust.
Questions? Let Us Know!
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"You were right. if we had to come up with the money at this time in our lives, we would be financially stripped."
We were all very appreciative of the pre-funded funeral planning you arranged many years ago.
You were right…if we had to come up with the money at this time in our lives, we would be financially stripped.
Wishing you well, and thanks for everything.”
Ed, Paula and Jaime