HB 2320 -- Asset Exemption for Public Assistance

Sponsor:  Ruzicka

This bill specifies that in determining eligibility and the
amount of benefits to be granted under federally aided state
public assistance programs, any amounts up to $9,999 placed in an
irrevocable trust to pay for funeral services, facilities, and
merchandise which are not part of a preneed funeral contract will
not be taken into account or considered an asset of the
beneficiary.  Funds remaining after paying the specified funeral
expenses must be paid to the state up to the amount of public
assistance provided with any remaining moneys given to those
designated in the trust.

Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:13 pm