Pre-Paid Funerals Plan
Most of us plan ahead – we plan for holidays, marriages, the future education of our children, and of course retirement. Dying is as much a part of life as being born, but most of us avoid funeral planning.
We can discuss with you the best option for your particular circumstances. All funds are securely kept in a funeral bond until required. Contributions can either be made as a lump sum or with regular deposits from as little as $50 a month.
The Government has announced changes to the Assets Test that will apply to pension entitlements from 1 January 2017. An investment in a funeral bond, such as Sureplan Gold, is exempt from the Income and Assets Test providing no more than two funeral funding arrangements are held and together they do not exceed the maximum eligible investment threshold (currently $12,500).
Therefore for those affected, an investment in a Funeral Bond for the maximum allowable amount of $12,500 may increase a pension entitlement by $975 per year. For a couple, each partner can invest $12,500 which may result in a combined increase in pension of $1,950 per annum or $75 per fortnight.
Pre-Arranged Funeral Services
There has been an increasing trend for people to pre-arrange funerals to ensure their wishes are met and to ease their family’s burden in their time of loss. Unlike a pre-paid funeral, a pre-arranged funeral does not require payment at the time of the arrangement. It is merely a way to document your wishes and relieve your loved ones of having to decide what it is you would’ve liked. Do you prefer Cremation or Burial, religious or non-religious? What type of flowers you like? Is there music you would like played which has a meaning to you and your family? Pre-Arranging is your chance to organise the service you want.
Please complete the below form to contact us or alternatively call on 02 4722 8222