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What is a Funeral Trust?

What is a Funeral Trust?

The Internal Revenue Service defines a funeral trust as “a ‘pooled income fund’ set up by a funeral home or cemetery to which a person transfers property to cover future funeral and burial costs.” Funeral trusts allow people to pay funeral expenses in...
Estate Planning Basics 2021

Estate Planning Basics 2021

If you want to get your affairs in order, a high priority is making an estate plan. You never know what the future holds, and it’s always good to have a plan just in case. Creating an estate plan prepares you and your loved ones for whatever may come, and it is easier...
What Is the Cost of Hospice Care?

What Is the Cost of Hospice Care?

If you or someone you love is terminally ill, you may think of turning to Hospice Care for help. Hospice care focuses on helping terminally ill patients live comfortably and includes pain relief care and symptom management.  With hospice, the focus is no longer on...
What To Do When a Parent Dies

What To Do When a Parent Dies

When a parent dies, it can feel like a foundational structure in your life has suddenly disappeared. In addition, the overwhelming emotional stress can make it challenging to think about what needs to happen next. However, armed with a checklist, you can gradually and...