Pre-Pay for Funeral Arrangements in St. Thomas, VI
Paying in advance for our final funeral arrangements alleviates emotional stress for family members and takes advantage of certain financial benefits:
- Freezes costs at today’s rate
- Protects your assets, including life insurance
- Eliminates costs associated with emotional overspending
- Offers time to examine options and make informed decisions
- Affords an opportunity to discuss your plans with loved ones
Pre-payment alleviates financial concerns and overspending, preventing unnecessary burden at the time of loss by ensuring funds are available in advance of need. Pre-payment can offset inflation, allowing you to pay tomorrow’s costs at today’s prices. Additionally, some people choose to pre-finance in order to preserve an individual’s Medicaid or SSI eligibility.
Avoid the burden of confusing decisions, frantic planning, and the financial demands that are typical immediately following a loss. And your selections today will help your family stay within the budget you designed and approved. Ways to pre-pay for a funeral include:
- Payment in full
- Payments over a period of time
Each of these alternatives provides a different set of advantages and options.
Flexible payment plans may also be available. In most cases, implementation of a pre-payment agreement suggests that no additional costs would be incurred at the time of death. However, the more simple and direct method is to establish a statement savings account held in trust at First Bank.
Our professional counselors are happy to discuss the many options available to you, determining the best course of actions for your needs and desires. Contact us to schedule your appointment by calling (340) 774 1464.