There are several advantages to pre-planning a funeral – a practice that’s becoming more familiar. Pre-arranging offers the advantage of making challenging decisions in an atmosphere without grief and trauma. It ensures that the funeral will be exactly as planned and removes some of the emotional burden.
Prefunding a funeral offers you the advantage of paying for a funeral when you can afford it, and relieving your family of any possible financial responsibility. It also offers protection against inflation.
Gerst Funeral Homes offer two ways to prefund a funeral. You can enter into a trust-fund agreement, meaning you can deposit a specified amount of money in either one lump sum or installments. This fund, which is managed by a trustee, is generally used to pay for the funeral services and merchandise. Or you can purchase a specially designed insurance policy that provides benefits for funeral expenses.