Advanced Funeral Planning Services
Most of us prepare for important events in our lives such as college, homes, and retirement.
Planning for our funeral or the funeral of a loved one may not be a comforting thought, but it makes good sense.
Prefunding along with preplanning is not necessary, but makes good financial sense. A prefunded funeral locks in today’s prices for tomorrow’s needs of services and merchandise. The interest accrued will offset the future funeral related increases, taking the financial burden away from surviving family members.
For more information regarding the benefits of preplanning a funeral arrangement for yourself or loved one, please call the Leo M. Bean and Sons Funeral Home at (585) 426-7830 and a funeral director will discuss your options without any obligation.
MEDICAID TRUSTS – IRREVOCABLE BURIAL TRUSTS
When you or a loved one is applying for Medicaid, a requirement may be to fund a pre-need Irrevocable Burial Trust. This account can only be used for the future funeral expenses of the person applying for Medicaid benefits. However, this trust can be transferred to any funeral home. The accrued interest generated from this account will offset any funeral related increases.
If you would like more information on Irrevocable/Medicaid Burial Trusts please call the Leo M. Bean and Sons Funeral Home at (585) 426-7830, or stop by 2771 Chili Avenue, Rochester NY 14624, and a funeral director will assist you with your questions and options.