By pre-planning your funeral, you relieve your family of having to make important financial decisions during a period of great stress and grief. This is done through two different funding techniques, both of which receive interest to off-set rising prices. The first is through your bank via CD’s. The second is through Life Insurance. These are referred to as a funeral trust.
Funds are placed into the irrevocable trust that is payable at the time of death. These funds are no longer an asset. You can keep the policy and be placed on medical assistance programs through the state.
If you are interested in information about how to pre-plan you or your loved one’s funeral, give us a call or use the contact button to schedule and appointment.
We do not use the Wisconsin Funeral Directors Association (WFDA) Wisconsin Master Trust.