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MEDICAID AND FUNDING FUNERAL PLANS SECURE

To qualify for Medicaid certain requirements must be met. Pre-paying for funeral expenses with Wilks Funeral
These may include your age, income and other assets. Be- Home is also secure. The funds are held by a third par-
cause Medicaid eligibility is based on need, a person is not ty insurance company. Making them transferable in the
eligible to receive benefits if they have income or assets event of relocation.
that exceed the limits established by each state or coun-
ty. If someone’s assets are more than the state allows, he CONCLUSION
or she will have to liquidate their assets to pay for care
before they will receive aid from the program. Assets in- Kari May, our funeral planning advisor, can assist
clude checking/savings accounts, mutual funds, stocks and you in pre-arranging your funeral plan at Wilks
bonds, deferred annuities, the cash value of most life insur- Funeral Home. Planning with Wilks will give you
ance policies, revocable living trusts, and retirement funds. such a feeling of alleviation and accomplish-
ment once your plan has been completed and
Prepaying your funeral with our funeral homes is one of in hands you can trust. Once finished you can
the ways you can protect your assets from being consid- assure your family that everything is in order at
ered a liability against Medicaid approval. Funds in our Wilks Funeral Home.
prepaid funeral plans are exempt and not considered part
of your assets. This must be done properly in order to be
legally binding. This process ensures that you have the
money you need for the remembrance that you want. It Kari May
will also relieve your family of the burden of funeral ex- FUNERAL PLANNING ADVISOR
penses during their time of loss. Finally, it is a lawful way email: kari@wilks.care
to reduce your assets and make sure you are eligible for
the health care assistance you need.

QUICK FACTS

• The cost of pre-paid funeral plans
are guaranteed.

• Pre-planning relieves stress and creates
peace of mind for self and loved ones.

• Payment options are available to
fit any budget.

• Life insurance does not take the place
of pre-planning.

• Medicaid does not cover final expenses.

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