Depending on your place of residence and Medicaid eligibility requirements, when you buy a funeral for yourself or your spouse and make it irrevocable, the funds you set aside in an irrevocable trust may be excluded from your net assets for Medicaid eligibility purposes. This can reduce your countable assets and may help you qualify for the benefits you need.

Medicaid rules vary by state. You can visit https://www.medicaid.gov/, which includes information and contacts for each state, to learn more about Medicaid eligibility where you live.

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