Issue 16.15
The wisdom to plan ahead has been preached for decades. It is especially true when it comes to planning for one’s death. Funeral Pre-Planning has been around for years and has saved many families, the financial and emotional toll that losing a loved one can bring. Each person must be diligent in their efforts to make sure how they go about planning ahead is right for them.
Here are just a few suggestions from our National Funeral Directors Association that can be very helpful in protecting your choices and financial decision’s for you and your family.
* Choose a mortuary and funeral director that has a good reputation in the community.
* Make sure your funds are secured. Ask your funeral director how the funds are invested and check over time to ensure the funds are keeping pace with inflation. Does this plan offer a guarantee from the mortuary you purchased it from?
* Make sure your plan is flexible enough to allow alterations to the plans if you wish and/or may be transferred to a funeral director in another state in case you move.
* Consider carefully before accepting an irrevocable agreement (a contract that cannot be cancelled.) Irrevocable agreements are helpful when eligibility for Supplemental Security Income (SSI), Medicaid or other public benefits are being determined but may limit your flexibility.
* Have a family member sit in during arrangements to help plan.
* Like any contract, before signing, read it carefully and make sure you understand all the provisions. Ask questions.
* Keep a copy of your plan in a safe place. Inform a close family member or friend that you have made arrangements and where the documents are kept.
* Make sure everything you talk about is put in writing. Get copies for you and your family.
Todd Bonzo can be contacted at Metcalf Mortuary, 435-673-4221.