Prefinancing a Funeral
In addition to pre-planning their funeral choices, many people are also setting up expense guidelines for funeral and burial costs by financing their pre-planned selections. This allows them to plan and pay for a funeral at today's prices, no matter when the need occurs.
If you choose to prefinance your funeral at Cotrell Funeral Service, the money you invest in this plan goes into a trust account in a Missouri bank and is regulated by the State of Missouri.
Some of the advantages of a Funeral Trust Account are:
- The funds are trusted.
- Trust accrues interest when stays in the trust.
- Trust is irrevocable,(meaning that no one, even Medicaid, can not withdraw the funds).
- You choose services and merchandise and once trusted, you never pay more.
- You may pay in one lump sum or we will arrange a payment plan schedule to suit your needs.
- All funds are insured up to $100,000.00.