What is Preplanning, or pre-arrangement?
When you plan in advance, you are making choices now based on your wishes as to how your final arrangements will be carried out. Thus, you can reduce family concerns at the time of your death.
What do I need to do to preplan a funeral?
At your convenience, you can meet with one of our funeral directors to discuss your options and your preferences. Funeral arrangements usually include professional services, transportation services, embalming and other preparation, facilities for visitation, the funeral ceremony, and funeral vehicles. Funeral merchandise includes a casket, outer burial container, and other associated items. The cemetery decisions include property, committal service, and memorialization. There are nearly 70 decisions that must be made when there is a death in the family. By making most of these decisions now, you can offer your family peace of mind, and also benefit financially.
What are the advantages of advanced planning?
There are many advantages when you take care of your final arrangements in advance. The most obvious benefit is financial, but there are a number of emotional benefits, too. When you make arrangements in advance you have a better opportunity to make informed choices. If you decide to prepay, you guarantee today's prices, and can take advantage of affordable payment plans. We can provide additional professional advice on preplanning and prepaying.
What is the difference between prepaying and preplanning?
When you preplan, you do not need to pay for everything in advance—your estate can pay for the services at the rates being charged when your funeral is held. When your plan is complete, the funeral director will keep it on file until it is needed. However, if you prepay at the time you make your pre-arrangements, you can lock in today’s prices. We offer several affordable payment and investment options. We’ll be happy to discuss these options with you and help you make a decision that best suits your needs.
Where does the money go that I prepay into a plan?
[customize accordingly] 100% of the money you prepay will be used for your funeral. Once we receive preplan money from you, we will deposit all of it into a trust or insurance policy where it cannot be released to us until after the funeral you have chosen has been provided for you. Types of Trusts: A Revocable Trust is a trust that any amount of money may be deposited into. At anytime, you may ask for this money and the interest it has made. At the end of the year you will receive a 1099 statement on which you must pay taxes on the interest as it is considered income. An Irrevocable Trust is most commonly purchased by someone who eventually might need care in excess of his or her assets. Once purchased, it can be used for burial purposes only. This trust can be started for any amount. It may be added to at any time. You will receive a 1099 at the end of the year showing total interest earned.
What if the cost of the funeral service I prepay is greatly increased at the time of my death?
The funeral firm makes no promise or guarantee that the fund of money established by the purchaser will be sufficient to purchase those goods and services specified. However, the interest earned by a fully funded account should offset any reasonable price increase.
What if your funeral home is no longer in business at the time of my death?
Because your money is held in a certified Trust governed by state law, it will always be there for your funeral, even if our funeral home were to be purchased or go out of business.
What if my family moves out of the area before I die? Do we lose the money we paid?
Should you move outside of our service area, your funeral plan provides those funds for your funeral at the funeral home of your choice.
What information will I need to provide on the Preplan/Pre-Arrangement online form?
This easy-to-use form should take only a few minutes to complete and will require basic contact information and your personal funeral preferences. You’ll have the option to select services, based on your preferences and the associated costs. View or complete the Preplan form now.