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With a revocable or irrevocable funeral trust, you make an upfront payment that gets invested and grows over time, until it’s needed to pay the funeral provider when you die. Savings or Bank Account
Planning a funeral can be an expensive prospect. The average funeral costs more than $7,000 and in many cases as much as $10,000 - or more, depending on the arrangements. Prepaid funeral plans ...
Pros and cons of an irrevocable beneficiary. Naming someone as an irrevocable beneficiary has its advantages, but it also comes with a few challenges. Here’s a breakdown of the key pros and cons ...
The Funeral Rule, enacted by the Federal Trade Commission on April 30, 1984, and amended effective 1994, is a U.S. federal regulation designed to protect consumers by requiring that they receive adequate information concerning the goods and services they may purchase from a funeral provider.
The alliance's stated goal is that it is "dedicated to protecting a consumer's right to choose a meaningful, dignified, affordable funeral. Based in South Burlington, Vermont , its oldest (and founding) member is the Seattle -based People's Memorial Association , founded on January 12, 1939.
Funeral home expenses: Funeral homes — which can organize everything such as embalming, casket, liner, limo, hearse, visitation and more — typically charge thousands of dollars for their services.
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In 2010, also in Missouri, funeral home director Thomas Brandtonies, Jr. pled guilty to stealing $123,273 in pre-need funeral scams. These crimes are of interest because of the wide popularity of ...
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