1800Monuments.com Headstones Starting From  $3,000 Up
About Us   Contact Us   Blogs    
inquiry@1800Monuments.com Toll: 1-800-742-0496 
Upright Markers
 Categories
 Tips
Name Index
A B C D E F G
H I J K L M N
O P Q R S T U
V W X Y Z
Previous 1 ... 378 379 380 381 382 383 384 385 386 ... 1275 Next   Page:
Grave Marker Base


Basic Details You Should Notice When Considering A Funeral Account

The average cost of funerary arrangements is growing so high that an increasing number of people are finding it difficult to afford this important event. The financial burden is amplified when the demand comes unexpectedly. Establishing a funeral fund can help ease the stress of making arrangements during an emotional time.

The purpose of this type of account is to allow a person to amass the money for the occasion over a period of time prior to having a need for it. When paid directly to a funerary establishment for plans that are being arranged in advance, it is referred to as a trust. Taking this route has several advantages aside from alleviating most, if not all, of the financial strain.

One such advantage is being a tremendous relief to survivors. Losing a loved one is stressful enough without having to worry about from where the money to honor their final wishes will be obtained. When putting the funds into place, one should make sure that a reliable trustee is left in charge to ensure the money will be used as intended.

Another benefit is that it allows an individual to hand pick a lot of the details for their own final arrangements. Dealing directly with a reputable funerary establishment, one is able to make selections on items like flowers, services and burial or cremation details. Installments are made on the items until virtually all the needs have been paid for.

Death benefit trusts come in two basic types. The revocable kind allows the account owner the freedom to make changes or withdraw money at any time for whatever reason. Irrevocable generally means that the funds can only be used to pay towards the purposes for which they were intended.

A growing trend among nursing homes is requiring clients to provide burial funding prior to being accepted for residency. The main reason is to make sure there that the individual may be properly interred upon their passing. These accounts are quite beneficial and one should always a trustee that has proven themselves reputable.


Previous 1 ... 378 379 380 381 382 383 384 385 386 ... 1275 Next   Page:

Copyright © 2014 1800Monuments