prefunding

Funeral prefunding is the process of setting aside money to cover the costs of your funeral in the future. This protects your family financially by taking care of the cost of a funeral ahead of time. This relieves your family of the financial burden that comes with a loss.

There are two popular methods of funding preneed funeral contracts: funeral trusts and funeral insurance. By establishing a funeral trust or purchasing funeral insurance, you are placing the funds with a trustee or an insurance company who will manage the money and use it to pay the designated providers at the time of your funeral.

Prefunding can help you lock in your service at today's lower price, spend dollars that would otherwise need to be spent on your long-term care expenses, reduce the problem of negotiating prices effectively when you are vulnerable emotionally and lack time and information, ensure that all your final wishes will be fulfilled, and provide peace of mind to you and your family.

Prefunding Options

A funeral trust is one way to plan ahead for your final arrangements. You can create an irrevocable trust with Heer Mortuary, and deposit money into it that will be used only for your funeral costs. This ensures that your wishes will be respected, and your family will not have to worry about the expenses.

Funeral insurance is a type of whole life insurance that is specifically designed to cover funeral expenses. It is purchased directly from an insurance company and pays out a death benefit to Heer Mortuary upon your death. Funeral insurance policies are typically less expensive than traditional life insurance policies and can be purchased with no medical exam required.

We are happy to help you with any inquiries you may have about prefunding, which is a great way to plan ahead and secure your future. Please contact our office anytime and we will gladly assist you with more information or answer your questions.