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deceased to the crematory for a final Are there different types of pre-need
committal, much as it is performed in arrangements?
a cemetery, while others choose not to. As opposed to at-need arrangements,
The cremated remains become available when the death has already occurred,
to the family on average 3 to 5 days there are several reasons why families
following cremation. choose to make pre-need arrangements.
Often, when a loved one is in a terminal
Why should I pre-arrange my funeral or state, and a family is referred to a hospice
burial? care, pre-need arrangements are made.
When you plan ahead, you will be able Though the reality of the impending
to consider the many options available. loss is very difficult to adjust to, the
The opportunity will be there to make funeral director will gently guide the
an informed decision about the funeral, family in planning the funeral. A family
the type of service and final disposition in this situation will have the option to
of burial, entombment or cremation. place the funds into a trust account at
The choices will be meaningful to you this time. There are two types of trust
and your family, and you will gain peace accounts, irrevocable and revocable.
of mind knowing your family and friends Both types of trust accounts can be
will be relieved of the emotional and transferred from one funeral home to
financial burden often associated with another. Pre-need trust accounts in a
making arrangements when a death majority of cases are irrevocable.
occurs. If pre-funding your funeral,
some funeral homes guarantee their This is as a result of an individual
funeral home charges, while others may requiring long term care, and is at the
not. If not a guaranteed trust account, point of applying for Medicaid coverage.
the interest gained on the trust account An irrevocable trust account can only be
can offset the inflationary pressures of used for the funeral of the beneficiary of
the future. the trust account. The trust account can
be transferred to another funeral home,
but can never be revoked. A certified
death certificate of the beneficiary is
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