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Your are the only one who can spare
your loved ones the cost and responsibility of arranging your funeral. The
arrangements you have made will alleviate some of the stress resulting from your
death and help them make the difficult and necessary decisions.
You have given to your family the one thing they could never get without you and
that is your love and consideration for them.
There are several methods available
to pre-pay a funeral. Each method has its advantages.
Bill
of Rights for Funeral Preplanning
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Who receives the interest on the
account?
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Who must pay taxes on the
interest?
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Is the prepayment ever refundable,
in part or in full?
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Can the plan be used at a funeral
home of your choice?
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What happens if the funeral home
goes out of business or is sold?
In the event that you move, is the
pre-funded plan transferable?
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A regulated
trust can be established by a licensed funeral director.
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You may purchase
a life-insurance
policy, equal to the value of the funeral.
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Establish a
savings or certificate of deposit account earmarked for
funeral expenses. The account can be designated as “payable
on death” (POD) to the funeral home.
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information
provided by:

National
Funeral Directors Assoc.
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