PRE-PAYMENT

Pre-payment is an option many people take advantage of.  Pre-payment has been designed to protect you and your family from price increases in the future and of course it is all paid for in advance.  By arranging details and pre-payment your loved ones will be free of financial concerns.

There are several types of pre-payment plans.  A Funeral Trust account allows for a specified amount to be placed in a special account at the savings institution of your choice.  Funds may be deposited all at once or in a series of installments.  The interest earned may be paid directly to you or left to accumulate in the account.  You reserve the right to cancel this account or make it irrevocable and protect the funds should a long lasting illness, SSI or nursing home be a future possibility.

Funeral Insurance is a special policy designed to pay for funeral expenses.  Everyone between the ages of 0-99 is eligible for coverage.  Premiums may be paid either in a single payment or in installments of up to 10 years.  Funeral insurance is designed to allow for growth in death benefits and is tied to the consumer price index.  These policies may also be made irrevocable.

Pre-payment offers flexibility.  Should you ever move or choose another funeral home, our pre-payment plans may be transferred anywhere in the word.

The most common reasons for prepaying funeral costs are to reduce financial stress on the survivors or to spend down assets in order to qualify for government benefits for nursing home/home health care.

To qualify for government benefits, the applicant's allowable assets are limited to:
 
.$2000 in checking or savings

.$1500 in paid up life insurance

. Cemetery property & marker

.Funeral Trust