As with life insurance in general, preparing for death is a difficult task. It’s not difficult process, but to actually take the first step is extremely hard. If you have thought about planning a future funeral, there are many ways to save money doing it. A Burial Reserve Trust works like an annuity, and you pay a lower premium for a higher value.
Benefits of Burial Reserve Trust Annuities
4% Steady Investment Growth current variable rate
- Tax deferred growth – varying rate with capacity to increase in an upward growth interest rate market
- No income taxes charged or reported during your lifetime
- Favorable Interest Rate
- 3% lifetime guaranteed minimum interest rate
- No term limits and no more CD term renewal or unfavorable interest rate worries
- No expense or administrative costs, fees, or charges
- Ideal vehicle for funding a burial reserve trust
- No confusing 1099 or K-1 IRS forms or reports
- Meets Medicaid, SSI and public assistance burial reserve trust codes and regulations.
If you are ready to take that step, we could help you figure out how to move forward, and get this process out of the way.