The Last Track

Now What- Funding a Pre-arrangement

January 03, 2023 Brian Season 26 Episode 2
The Last Track
Now What- Funding a Pre-arrangement
Show Notes

If you have already made a pre-arrangement with a funeral home- Congratulations! This trilogy is for you. If you have not made one yet, here are things to think about for after you have written down your basic final wishes. 
The "Now What" trilogy is focused on all the things that you may not have considered when writing down your initial final wishes. For this episode, Brian talks about the financial side of a pre-arrangement. If you did not fully fund the pre-arrangement, there are several things you can do to help cover the costs for your loved ones. These could include: 

  • assigning a life insurance policy to the funeral home
  • providing military discharge paperwork if you served
  • providing tribal information to the funeral home to allow access to tribal funeral benefits
  • providing information for your social security benefits
  • creating a funeral trust
  • creating a dedicated savings account

If your pre-arrangement was fully funded, here are a few tips and things to consider:

  • Keep a copy
  • Ensure it is fully portable
  • Discuss other costs that may come up regarding your wishes with your funeral home