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Looking to Pre-Pay Your Funeral - Do the Math!
Manage episode 387942442 series 3467896
In episode 12, I discuss the marketing tactics of funeral pre-planning specialists who emphasize the financial benefits of pre-paying for funerals through insurance plans. I highlight the advantages and downsides of such plans, including potential hidden costs and the impact of time payments on the overall expenses. π°
You will be introduced to an alternative option, a "Funeral Trust," which offers flexibility in payment structures. I point out the two main benefits of pre-paying for a funeral: exemption as an asset for Medicaid qualification and providing peace of mind to the individual and their family. π
Take a listen and please share, there are others who need to hear this.
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