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Verification Source Money/Account Designated for Burial will be verified electronically if available through the Asset Verification System (AVS).
The most recent monthly statement with ending monthly balance.
If needed, a conference call may be made to the financial institution to obtain the information.
The individual’s declaration of a plot only may be accepted. If more than one plot is owned, then each plot must be designated for an immediate family member to be excluded.
When to Verify •At initial application. •At renewal. •If client reports change that affects eligibility. •At initial application. •At renewal applications if changes have occurred. •If client reports change that affects eligibility.
Exemptions, Disregards and Comments •These accounts are only allowed if there are no other irrevocable burial arrangements. •Changes include a new account designated for burial funds, updated balances in an existing designated account, and closed accounts (previously in budgets). •If retroactive Medicaid is requested, statements are needed for each month.
•Changes include: Newly purchased or sold spaces. •Once it is verified it does not need to be verified again.
Questions to Consider Do you have any funds set aside in a separate account for burial? Do you own any burial plots for yourself, spouse, or family members? Sources for More Information 477 NAC 23-003.05(A)(iii)(6)
477 NAC 23-003.(A)(iii)(7) and 003.05(A)(iii)(8)