Are funds set aside for funeral and burial required to be used to pay for my nursing home expenses? Not if they are set up properly. If you prepay your funeral in a way that you can never get the money back and the funds are only to be used for funeral and burial, those funds are safe. Otherwise, all assets must be used to pay for care, with a few exceptions for married couples. Consult with an experienced Elderlaw attorney to discuss this important topic.
-Attorney Jack N. Alpern