Goebel Funeral Home & Cremation Services can help you set up a pre-need contract. It can be pre-funded through life insurance or a bank trust. We offer you the option of setting up either a revocable or irrevocable pre-need contract. The term “revocability†refers to the pre-funding of your funeral. Pre-need contracts can be either “revocable†or “irrevocable.â€
Long Term Care
If you need to qualify for Medicaid coverage for long term care, you may be trying to think of smart ways to spend down your assets. Pre-need irrevocable insurance policies or trust products can be set up as exempt assets so that they are not counted when applying for Medicaid coverage. For further assistance you may contact the funeral home.