Funeral Trusts
Simplify Funeral Planning with a Trust Designed for Your Peace of Mind
Why Burden Your Loved Ones When You Can Plan Ahead?
Most people, understandably, don’t like to think about their own final expenses. Many choose to simply pre-pay them with a funeral home and be done with it. The decision to remove an expensive burden from their loved ones is a thoughtful one. But, it’s also fraught with potential dangers that don’t surface until it’s too late.
Traditional pre-paid funerals aren’t guaranteed. Funeral homes may go under, the funds may be exposed to creditors, and so on. Even if you believe your estate can handle the expenses later, it may have to go through a lengthy probate process. The result is a stressful situation for your family during an emotional time.
Scenarios for Real Life Needs.
What is a Funeral Trust, and Why Do You Need One?
Planning for the future can be overwhelming – especially when it comes to funeral expenses. That’s where a Funeral Trust comes in. It’s a simple, secure way to ensure your loved ones aren’t burdened with unexpected costs.
This simple, yet powerful estate planning tool protects your funeral funds in a secure trust managed by insurance companies, giving you peace of mind. Working with your licensed insurance agent, Funeral Trusts are easy to set up, in as little as 5 minutes, with no attorney required.
Elder Life Group Funeral Trust Benefits
100% Free
No trust fees upfront or tax on any excess paid back to your estate.
Convenient
Conduct the entire policy writing process from home.
Guaranteed
Assets are protected for the sole use of your final expenses.
Immediate
Exempt from probate, funds are paid to a licensed funeral home within 24-48 hours.
Irrevocable
Trusts are 100% secured from creditors, including nursing homes, every time.
Portable
Funds can be paid out to any funeral home in the U.S.
Predictable
Policy value grows steadily to account for rising market costs.
Strategic
Counts as an excluded asset in order to qualify for Medicaid and SSI.
Frequently Asked Questions
-
Typically in 24-48 hours, paid directly to a funeral home once the claim has been initiated.
Is a Funeral Trust Right For You?
The Funeral Trust is a powerful estate planning solution designed to protect your end-of-life expenses. Whether you’re an agent seeking to offer this product or a client planning ahead, we’d be happy to discuss how the Funeral Trust can help you plan with confidence and peace of mind.