Making Funeral Arrangements in Advance
Your FamilyWithout a doubt the most important reason for making funeral and other estate arrangements in advance is to spare your family this task at a difficult time. There are over 50 decisions to be made when arranging a funeral. Making these decisions today, with the help of those close to you, lets you make logical, well thought out plans that your family will appreciate.
Lower CostsThough not a requirement, you may wish to invest in a funeral trust account or final expense insurance policy when making funeral arrangements. While most of us have life insurance or funds reserved for retirement these are intended for the living, not to meet the cost of a funeral. In most situations, funds invested today will be sufficient to cover the total cost of the funeral at time of need. The interest earned by the account or policy will help to offset the effects of inflation. Government regulations safeguard your investment so that funds will always be available for your family’s use.
Securing BenefitsWith the number of revisions in government benefits over the years, it is important for each person to be aware of these changes and how to protect those benefits.
Social SecurityUpon death, dependents and survivors may be eligible for certain benefits such as Death Payments, Survivor’s Benefits and Medicare. Qualifications depend on age, marital status, number of dependents involved and if employment was under Social Security. Your Social Security account should be verified periodically to be sure contributions are properly posted. All benefits must be applied for; payment is not automatic. Since qualifications vary, we recommend discussing your particular situation with us personally.
Veterans’ BenefitsThere are many misconceptions regarding Veterans’ death benefits. Honorably discharged veterans may qualify for cemetery plot and burial allowances, headstone, and burial flag, as well as a pension for survivors. These benefits may affect decisions about funeral arrangements. Because qualifications and benefits vary, we recommend a personal review of your situation.
MedicaidFew people are aware of provisions under Federal Title 19 where an individual can shelter funds to serve the family later providing for funeral arrangements. We can explain these options to you.
Peace of MindWe often have special wishes as to where to be buried, who is to receive your personal effects, and how we are to be memorialized. Making funeral arrangements today permits time for you to tend to every detail. You gain the confidence that results from making unhurried, informed decisions. Plus, your family and others who care for you will be insured the arrangements reflect your true wishes.
Planning ahead… you have true peace of mind knowing you have taken care of everything.