Pre-Planning a Jewish Funeral
Why Pre-Plan Funeral Arrangements?
There are numerous reasons to pre-plan funeral arrangements. Some find relief in knowing they've alleviated a burden from loved ones, while others prefer to make decisions for themselves rather than leaving them to others. Preplanning can also be motivated by Medicaid considerations, where unused funds may become the family's responsibility if not utilized for pre-funding.
Understanding Your Options
When considering pre-planning, it's essential to understand how your money is protected. New York State law mandates that prepaid funeral expenses must be placed in a trust account. At Beth David Jewish Funerals, we use Preplan, the New York State Funded Funeral Directors Trust, ensuring the security of your funds.
Financial Security
Funds placed in the trust account accumulate interest and remain the property of the purchaser until the funeral occurs and all obligations are fulfilled. This interest helps us guarantee today's prices for future services. Additionally, except for Irrevocable trusts set up for Medicaid purposes, all prepaid amounts are fully refundable before the funeral.
Pre-Planning vs. Pre-Funding
While pre-funding locks in today's prices, pre-planning without pre-funding still allows you to outline your wishes for future arrangements. Exploring all options ahead of time can provide peace of mind for you and your loved ones.
Medicaid Compliance
Irrevocable trusts can be established to meet Medicaid requirements. Pre-funded funeral arrangements are not considered countable assets, offering a financial shelter for applicants. By utilizing these trusts, you can ensure funds are available for funeral expenses without impacting personal assets.
Tailored Payment Programs
Beth David Jewish Funerals offers payment programs tailored to individual needs. Whether you choose to pre-fund or simply pre-plan, we're here to assist you in creating a logical and personalized strategy for your funeral arrangements.
PrePlan Funeral Trust
For over 35 years, PrePlan has partnered with New York State Funeral Directors Association (NYSFDA) member funeral homes & services including Beth David Jewish Funerals Inc. to provide services designed for families across New York State. As the state’s leading pre-funded funeral trust administrator, they understand the needs and concerns of our consumers.
We at Beth David are proud to be partnered with PrePlan Funeral Trust to ensure that, when planning and funding your funeral arrangements with us, your funds are safe, secure, and compliant.
Why Beth David Jewish Funerals?
Promise of Affordability
Jewish funerals, like any funeral, are not only an incredibly difficult time emotionally but are also a difficult time financially. Our promise of affordability makes it so that we reduce as much of the financial burden as possible.
Commitment to Dignity
With the death of a family member or loved one, you want the peace of mind that their life, death, and physical body are all treated with the utmost dignity and respect along with the same level of respect for you and your family.