Final Expense Trust
Many of us have a loved one in our family with special needs. You probably already have a Special Needs Trust to provide support above and beyond what government benefits offer. A Final Expense Trust is another important plan to have in place.
Created to Not Interfere with Medicaid
Unlike life insurance, which is considered an asset and consequently interferes with government benefits, a Final Expense Trust for Special Needs is a vehicle that allows a special needs family member to cover his or her final wishes.
Most States Do Not Consider This an Asset
This trust is not considered an asset, and is irrevocably assigned to take care of their end of life needs exclusively. Unlike other trusts, there are not any additional fees to set up a Medicaid-approved Final Needs Trust for your loved one.
Insurance provided by National Guardian Life Insurance Company.
National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a.k.a. The Guardian or Guardian Life.
These products may not be available in all states. Some states may vary on Medicaid rules and eligibility is not guaranteed; it is recommended to consult an Elder Law Attorney in your state for assistance.