Qu’is it’a funeral agreement ?
There are many good reasons to plan your funeral with CBD’advance. The main benefit is that you (or the person you are helping to plan) can decide what type of funeral, plutôt than to leave it to someone else’a d’other care to make this choice. In addition, your friends and family will not be able to see you’have nothing to pay.
To do this, you can take out a funeral agreement. This contract allows you to pay for your funeral services now. Several payment solutions’s offer to you: the’money, the’insurance and’investment that you have.
Funeral agreement: what is included in a funeral contract ?
Also known as a funeral contract, the funeral agreement can cover the funeral, the burial or the funeral service’the funeral, the’cremation, among other things. For the’For example, if you want to be cremated, you can choose between two types of prepaid funeral contracts: revocable and irrevocable. The revocable contract gives you the opportunity to pay for your insurance’cancel your contract and get most of your money back. The irrevocable contract, on the other hand, does not allow you to make any decisions’cancel your contract.
However, if you wish, you can transfer to another funeral home.
How to know if a funeral service contract is valid ?
Funeral contracts are expensive. Before signing’If you want to purchase a policy, make sure that the policy is in good working order’When you go to a funeral home, they will try to sell you a money contract, the funeral company is reputable, financially stable and provides you with all the information you need to make good decisions. Also ask for recommendations to your family and friends.
Shop around and interview a few funeral companies.
Make sure that you feel comfortable with your decision’You can also choose to have the funeral home staff of your choice meet with you at your convenience. Finally, find out what exactly included in the contract. Think about how you can reduce the cost, especially if you don’t have the name and address of the facility’do not need all the services offered.
For example, if you want to be cremated, you don’you will not have to pay for the embalming.
When you go to a funeral home, they will try to sell you a contract at all costs. If you can, you should also bring a trusted friend or relative with you. You can do more find out about the funeral agreement by visiting the Top-obseques website.fr, a specialist in the field.
What’What happens to the estate?’money given to the funeral home ?
L’The money you give to the funeral home should be placed in an escrow account and invested for your benefit. The contract of the’funeral home should include:
- name and address’address of the funeral home’trust agent,
- how the funds will be invested,
- what to do if the total cost of the funeral is too highôThe amount of the trust fund (with accrued interest or dividends) at the time of the funeral is greater or less than the cost of your funeral.
You will receive a annual statement of the day’money in your account. When you have signed a funeral contract, give a copy of your contract to several people you trust. It can be’act on it’a relative, friend or family member’a friend, to’a lawyer or a funeral home’a doctor.
Keep the’signed original with your important documents. If you are going to a nursing home or a home for the aged, you should ask for recommendationsôpital, hand in a copy of your contract to the’establishment.
Checklist for a funeral contract
Ask a lawyer for help’review the documents before signing them. Your contract may not mean what you think it does. It is easier to have the funeral home modify the contract before you sign it.
If you have already signed a contract, read it carefully or ask your lawyer for a copy’review for you. Compare several funeral homes. Each funeral home must give you a written price list if you ask for it. Make sure all the services and goods you want are included.
If not, ask for a price list of these items. There may indeed be items or services that you do not want to know about’Have not yet thought about it:
- transportation to the funeral home, place of worship, cemetery or mausoleum,
- the type of casket (including manufacturer, model number and type of wood).
If someone other than the funeral home takes care of certain services, make sure that these services are not included in the price of your contract. Are the prices quoted guaranteed not to change ? If it is not’If this is not the case, some there may be additional charges to your loved ones or to your estate. If the price is guaranteed, your contract must stipulate that the funeral home will not charge more.
For whatever reason, your estate will receive the funds in advanceôt that exceed the guaranteed price.
Also consider looking at payment terms. How much do you have to pay and when ? If you are making payments, what is the amount of interest ? What happens if a payment is late or if you die before all payments have been made ? If you pay the full amount now, is there a discount ?
What are the advantages of the funeral agreement? ?
There are many good reasons to conclude that the’advance a prepaid contract for funeral goods and services. For example, if you’ve already chosen a funeral home or cemetery, it may be a good idea to visit a funeral home It is wise to pay at the pharmacy’advance. If you want to be buried in the same place as your loved one, you should go to the on-call pharmacy’If you have a family member, you may wish to purchase a grave or mausoleum in advance’For example, you can buy in advance a grave or an adjoining mausoleum.
This way, you can be sure that you’ll be able to find the right pharmacy for your needs’get the location you want and lock in the price.
Buy a funeral policy now, it’s a good idea to make sure that you have the’find out about the current rates offered by funeral homes. Depending on your financial situation, prefunding can help you to manage the value of your assets. For example, the’funeral insurance n’There are many good reasons to conclude that the drug is not a personal asset to determine whether or not it is a good idea to pay for it’eligibility for the event’help from social service programs.
Last, but not least, most states require funeral providers to set up an on-call pharmacyôplace a certain percentage of the prepayments in a trust account. This requirement can vary from 30 to 100%. The provider manage the trust account.
You need to be careful about making prepayments directly to your supplier, especially if the items purchased are not delivered immediately.