Prepaying funeral expenses may allow you to lock in costs for future funeral or burial services. Some nursing homes require a funeral trust as a condition of admission. So what is a funeral trust? The IRS defines it as a pooled income trust set up by a funeral home or cemetery to cover future …
Funeral Trusts
If You Died Tomorrow, How Would Your Family Pay For Your Funeral?
If You Died Tomorrow, How Would Your Family Pay For Your Funeral? By William Hayes Plan all you want, create a generous retirement plan, travel and see the world, and make sure all your medical expenses are covered, but one day, we will all close our eyes for the final time. That …
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What It’s Like When Your Parents Pre-Plan Their Funerals
What It's Like When Your Parents Pre-Plan Their Funerals MOM AND DAD WANTED TO HAVE THE TALK. HERE'S WHAT HAPPENED WHEN WE SAT DOWN. When Parents Pre-Plan Their Funerals My parents pre-planned their funerals last week, and then they wanted to sit down and talk to me and my sister about …
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