MO HB2320

Adds a new subsection 5 to section 208.010 to exclude irrevocable trusts designated for final disposition, funeral services, or burial merchandise from asset calculations when determining public assistance eligibility, up to $9,999 per beneficiary.

Any overage amounts remaining after final disposition of the trust funds shall be paid to Missouri up to the amount of public assistance benefits provided, with any remainder distributed to beneficiaries named in the trust.

Clarifies that these excluded trusts are distinct from preneed funeral contracts already defined in section 436.405.

Renumbers existing subsections 6-12 to become subsections 7-13 to accommodate the new trust provision.