醫療補助金可以用你的人壽保險嗎？
醫療補助金可以用你的人壽保險嗎？
 In Ohio if the cash value of a life insurance policy and other assets is greater than $1500 you must spend down. When it come to life insurance you have a few options depending on how long you have had the policy. Prepay your Funeral, assign the policy to the funeral home, or purchase a Funeral Trust with the cash value in the policy. A Funeral Trust policy irrevocably assigns the death benefit of a life insurance policy to a Funeral Trust set up by the insurance company and can only be paid out for expenses directly related to the funeral and final expenses. This makes the policy Medicaid Exempt. In Ohio you can put up to $15000 in a Funeral Trust. In some states you would need a Goods and Services contract to go along with the Trust. Your agent should be able to help you with that. If you cash surrender the policy the money cannot be gifted to your beneficiary, you must spend it on yourself or use it in the ways mentioned above. There are rules in place that can preserve some of your assets. A good Medicaid Care Resource Planner or Elder Law attorney can help you with that issue.
問答
保險問答 多語言問答