Although it may not always be possible to do so, pre-paying your funeral, or for that of a loved one, takes a lot of stress away when the actual day comes around. A pre-paid funeral is a means of paying, or part paying funeral expenses in advance of their being needed, and are taken out for a variety of reasons such as peace of mind, or as a legal way of reducing one’s assets for Asset Testing purposes, for example, to qualify for the Residential Care Subsidy.
In conjunction with pre-paying funeral expenses you may also pre-arrange your funeral. By doing this you are able to plan your funeral in advance and record your instructions; thus, helping ensure that when the time comes your wishes are known to your friends and family, again lessening the stress surrounding the event.
At Dil’s they offer the FDANZ Funeral Trust. This plan is owned by the Funeral Directors' Association of New Zealand (FDANZ). Under the FDANZ Funeral Trust, client monies are held in trust until the time of your death. At this time the amount paid into the Funeral Trust, plus any interest accrued, less any fees applicable, are used to pay your funeral expenses. If the balance is insufficient to pay all funeral expenses then a claim is made against the estate for any outstanding amount. Likewise, any money left over after funeral costs have been met will be returned to the estate.
To pre-arrange or pre-pay a funeral or for more information please contact Dil’s Funerals at http://www.dils.co.nz .
Dil’s Funeral Services was established in 1960, and is located on Auckland’s North Shore. They are a family owned and managed business and are now in their third generation. They are members of the Funeral Directors’ Association of New Zealand (FDANZ) and Selected Independent Funeral Homes, an international organisation which recognises excellence in funeral services.