Mountain View Mortuary realizes that cost can be a great consideration for those making funeral arrangements. As with anything in life, inflation seems to affect funerals, too. At Mountain View Mortuary, we strive to keep cost increases to a minimum each year. But, we understand that funeral costs have an impact on budgets and can be a bit overwhelming. Planning ahead can help you figure things out.
At Mountain View Mortuary, we have developed our Advance Planning Program to help you with future funeral arrangements. While it may be difficult to think about pre-planning a funeral, there are many advantages to doing so. There are also benefits to pre-paying for a funeral. We know it can be confusing, especially when you are inundated with information from various sources. In an effort to help you, here are some examples of various funding options for funeral arrangements that can help protect you from inflation:
Trust Accounts are traditionally set up with established trust companies that work with funeral homes. They are FDIC insured and operate in compliance with state regulations. Funeral trusts may also be set up as “qualified” for special tax considerations by the federal government. There are both Irrevocable and Revocable Trust Accounts.
Insurance is another payment option for pre-arrangements, but not all funeral homes offer it. At Mountain View Mortuary, our licensing and education enables us to offer certain types of special insurance policies that are designed to keep pace with inflation. These policies have a 30-day free trial and are tax-free, transferable, and can be set up to protect from the Title 19 spend down. There are both single and monthly payment options available.
We understand that the above information may still be quite confusing. But our Advance Planning Advisors at Mountain View Mortuary can help you make sense of it all. We can also help you make pre-planned funeral arrangements that are as affordable as possible. We look forward to answering your questions and assisting you with your Advance Planning needs.