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Today, more and more people are pre-planning their funerals. Pre-need is simply
pre-planning or pre-arranging your funeral, taking care of your service details before the
need arises. These details could include whether you would like a traditional
funeral or a simple memorial service; a funeral or cremation. It also includes making
decisions ahead of time on specific items, such as a place, types of decorations, flowers,
clothing and other things that are important to you. Together with a licensed Maryland
funeral planning professional you can be sure to create a positive celebration of your
life.
Like all other things, funeral prices increase over time. By pre-funding at today's
prices, you can be assured that the money will be there to cover tomorrow's funeral costs.
At the same time, help relieve the financial burden on those close to you. A pre-funded
funeral is also considered an exempt asset when Medicaid, SSI Benefits, Federal Bankruptcy
or applying for Nursing Home Care. If you should move out of state, or simply choose
another funeral home, your pre-funded funeral arrangements can transfer with you.
Connelly Funeral Home of Essex offers a tax-free (no more IRS statements) insurance
program to those who would like to pre-fund their funeral. This program has a built in
percentage increase to reflect the inflation of funeral expenses for years to come. This
method is endorsed by lawyers, trust officers, and financial planners as an effective way
to provide for final expenses and preserve your assets for your beneficiaries. Based on
your overall health condition your funeral planning professional can prepare a single or
multi year payment plan that will work for you and your specific needs.
We at Connelly Funeral Home of Essex welcome the opportunity to sit down with one of our
licensed Maryland funeral planning professionals to discus how both pre-planning and
pre-funding can benefit you and your loved ones as well as reflecting your specific
wishes.
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