The first four items, totaling $1,150, are burial spaces and we consider the entire
amount irrevocable because it is less than the $1,600 maximum irrevocable amount under
the State's law.
We consider the other four items, totaling $1,700, as funds set aside for burial.
Of the $1,700, we consider $450 irrevocable (which is the remaining irrevocable amount
available under the State's law) and $1,250 revocable. Next, we address the burial
funds exclusion as follows:
|
$1,500 |
- |
burial funds exclusion |
-450 |
- |
irrevocable burial funds reduce the available burial funds exclusion
|
=$1,050 |
- |
remaining available burial funds exclusion to apply |
$1,250 |
- |
revocable burial funds |
-1,050 |
- |
remaining available burial funds exclusion to apply |
=$200 |
- |
countable resources |