Blog

Why consider funeral funding?

1. 1. An Exempt Asset.  The plan may be considered an excluded asset in order to qualify for Medicaid and Supplemental Security Income (SSI).
2. 2.  It's Flexible.  Your beneficiaries will be able to use the funds to pay for funeral costs or other final expenses such as medical bills and other debts.
3. 3.  Single Payment Plans Increase Over Time.  When you set aside funds in advance, the death benefit increases at a predictable growth rate.
4. 4.  Makes Tax Time Easier.  By transferring funds from an investment vehicle such as a CD or money market, you don't have to worry about taxation on growth and annual 1099's.
5. 5.  A Program for Everyone.  Krause Financial Services has a plan that will fit your needs in terms of payment options and health conditions.
6. 6.  Consumer Friendly.  Any funds left  over after paying your funeral costs will be returned to either your beneficiaries or estate income tax free.
7. 7.  Protects Your Loved Ones.  By making funding plans in advance, you will avoid placing a financial burden on your family and friends.
8. 8.  Peace of Mind.  By knowing that your funeral expenses are taken care of.
9. 9.  30 Day Free Look.  If you should change your mind, you have 30 days to cancel and receive a full refund.
10. 10.  Solid Program, Solid Decision.  Advance planning is endorsed by attorneys, trust officers, and financial professionals as an effective way to provide for final expenses and preserve your assets for your beneficiaries.

Contact Krause Financial Services to learn more about this opportunity.