52 Weeks to Prosperous Living
Follow us!
  • Home
  • E-book
  • Prosper SBS
  • Products
  • News/Articles
  • Sign Up!
  • Quotes
  • Contact Us
  • ToDo Lists

What is Pre-Need & Why should I think about getting it? - De Kinsey

9/10/2012

0 Comments

 
Picture
What is it?

A pre-need plan is a dedicated funeral fund used to pay the predetermined expenses of a funeral, cremation or burial. Many people have chosen to make funeral or cremation arrangements prior to their death due to costs. These arrangements are commonly referred to as funeral preplanning, prearranging, pre-need, or a dedicated funeral fund.

Funeral preplanning can offer peace of mind - knowing that your wishes will be respected and that the family has fewer burdens during a time of grief.

Others find that by pre-funding their funeral and burial expenses, any additional life insurance they already have purchased may be used for its original purpose and not for funeral expenses.

Why should I get it or think about getting it?

No one likes to think about death, let alone plan for it. In many families, discussing one's mortality is an extremely uncomfortable topic. But it is a topic that should be discussed and planned for well in advance of your death.

By pre-planning your funeral, you relieve your family of having to make important financial decisions during a period of great stress and grief-a time when people aren't thinking very clearly and may not know what to do because you never made your wishes known.

It's easy to say, "Don't make a fuss. I don't want a ceremony. Just bury me and be done with it." But it is important to realize that the ritual of a funeral and/or memorial service isn't for the deceased but for the living. It is a time when friends and family can gather together to grieve openly and to provide support for one another.

Pre-planning your funeral can be very informal, and as simple as following a pre-planning checklist (Below) and sharing your wishes with a family member. More Formal arrangements in the form of a preneed contract can be set up with a funeral director and pre-funded through life insurance, bank trust agreement, or another method.

Pre-planning, when done properly, can give you peace of mind because you know that your arrangements are ready and pre-funded.


Pre-planning Checklist
File Size: 439 kb
File Type: pdf
Download File

0 Comments



Leave a Reply.

    RSS Feed

    E-mail Questions to info@prospersbs.com

    Marc & Ed

    We are a couple of insurance agents that want to help people.

    Crazy... we know!!! 
    Insurance Agents that actually want to help.  Sounds like a joke, right?  :-) 

    We noticed that most people we came in contact with do not have their finances in order and know nothing about insurance or what is out there.  We want to educate you and help you.  Please help us... help you.  If we don't hear from you... we wont know how to help. 

    Marc & Ed

    Categories

    All
    Advisors
    Comments
    Company Highlight
    Contact Us
    Discounts
    Food Storage
    Funny
    Health Insurance
    Homeowners Insurance
    HSA's
    Ira Taxes
    I U L
    Life Insurance
    Misc.
    Newsletter Article
    Organization
    Passwords
    Personal Budget
    Property And Casualty Insurance
    Protection
    Risk
    Saving
    Tax Free Retirement
    Todo Lists
    Utah High Winds
    Week 1
    Week 10
    Week 11
    Week 12
    Week 13
    Week 14
    Week 15
    Week 16
    Week 17
    Week 18
    Week 19
    Week 2
    Week 20
    Week 21
    Week 22
    Week 23
    Week 25
    Week 29
    Week 3
    Week 4
    Week 6
    Week 7
    Week 8
    Week 9
    What Age Can I Retire

Powered by Create your own unique website with customizable templates.
Photos used under Creative Commons from Saad Faruque, Ran Yaniv Hartstein, Gregory Moine, NathanF, Fairy Heart ♥, bibliojojo, mikepetrucci, _e.t, markhillary, eliazar, nitram242, qf8, fallingwater123, Gastev, Christoph Lorenz Photography, B Rosen, || UggBoy♥UggGirl || PHOTO || WORLD || TRAVEL ||, Son of Groucho, Images_of_Money, sidibousaid60, GYLo, Michal Osmenda, misteraitch, Materials Aart, The U.S. Army, skippyjon, C. G. P. Grey, Mike Licht, NotionsCapital.com, State Farm, Don Hankins, InterContinental Hong Kong, bonnie-brown, 401(K) 2012, Beyond Elements, weeklydig, DonkeyHotey, Alex E. Proimos, NRMA New Cars, Fabio Bruna, mullica, hoyasmeg, kthypryn, Big Blue Ocean, SpaceShoe [Learning to live with the crisis], Mike Licht, NotionsCapital.com, peteSwede, j.reed, wodejia_g, neurmadic aesthetic, _Dinkel_, NathanF, Franco Folini, jjankechu, Davide Vosti, StewC, eric731, fsgm, Martin Pettitt, Jo Naylor, EvelynGiggles, Images_of_Money, out of ideas, Images_of_Money, louis konstantinou, OakleyOriginals