funeral trusts

A funeral trust is a legal arrangement where you set aside funds specifically for your funeral expenses. You pay a lump sum or ongoing payments into the trust, which then holds the money until your funeral needs arise. This ensures your funeral costs are prepaid or reserved, relieving loved ones of financial and logistical burdens during a difficult time. The trust is managed by a trustee or funeral provider, and the funds are used solely for approved funeral-related expenses, providing peace of mind that your arrangements are secured and prepaid.