trust_id_09
Member
What is the name of your state (only U.S. law)? NY
My cousin's mom purchased one of the AARP 10K guarantied life insurance to help w/ Funeral expenses when that day comes. The mom is not much of a saver and is totally unprepared and the burden would fall sollely on him.
But the premium is being paid by my cousin all legit the mom agreed and signed the application.
The question is, what repercution(s) if any, will that small policy have on her elligibility for medicaid (especially institionalized)?
Any input wil be greatly appreciated.
My cousin's mom purchased one of the AARP 10K guarantied life insurance to help w/ Funeral expenses when that day comes. The mom is not much of a saver and is totally unprepared and the burden would fall sollely on him.
But the premium is being paid by my cousin all legit the mom agreed and signed the application.
The question is, what repercution(s) if any, will that small policy have on her elligibility for medicaid (especially institionalized)?
Any input wil be greatly appreciated.