Pre Planning Your Funeral
Why Pre Plan Your Funeral?
Many people prepare for special events such as weddings and holidays well in advance, but many people do not plan for something that is certain to happen, their funeral.
The primary advantages of pre-arranging your funeral is to relieve the burden on your loved ones in an very emotional time, and to ensure your funeral is carried out according to your wishes, eliminating the task of guessing what you would have wanted. Taking the time now to arrange your funeral is one less thing your loved ones will need to worry about once you’ve passed. Pre-planning and pre-paying your funeral is one of the most thoughtful gifts you can give to your family.
Pre-paying your funeral reduces stress and financial burden on your loved ones after your passing. All of the benefit goes towards the funeral and the money is secure in a trust. A prepaid funeral is a safe and secure option for the future. If your funeral costs less than the amount you have put aside, those funds will be refunded back to your beneficiaries.
Pre-paid funerals up to $10,000 are currently excluded from asset testing (under government legislation) when assessing eligibility for a subsidy for long term residential care for the elderly.
Pre-paid funeral funds are not held by Chinese Funeral Services.
The Catholic Development Fund Funeral Savings Account is a zero fee pre-paid funeral trust and is open to members of all faiths.
Visit their website or contact us for an information brochure.