UPDATED: FEBRUARY 2005 302Pre-Need Funeral Agreement • May 4th, 2005
Contract Type FiledMay 4th, 2005amount of the agreement disregarded. If the agreement remains revocable: for non-SSI-related A/Rs, the entire amount is countable since the equity value exceeds $1,500; and for SSI- related A/Rs, only amounts designated for non-burial space items (up to $1,500 for an individual and $3,000 for a couple) can be disregarded. The A/R is allowed ten days from the date of notification to convert the revocable agreement to an irrevocable one. The ten-day period may be extended if more time is needed.