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AARP at it again against pre-need planning and funding

It is a gift to pre-plan on’r funeral not only for that person but for their loved ones.

It is a futures market essentially. One buys a service for a future use. Funerals double in cost every 10 to 14 years. I’mm 44 and I hope to live a long long life so I bought my pre-plan which will more than

pay for itself. I do sell pre-plans and even if I didn’y I would tell people to do so.

I can’t tell you how many plans/contracts we write for people to help them in their medicaid spendown mode where as they need to spend their liquid assest down in order to receive or maintain benefits.

It happens often. A funeral pre-plan is not counted as an asset. However an account payable upon death is as is can be gotten to as a cash asset. Life insurance’s that have a cash value or  cash loan value also are considered a liquid asset.

I’d certainly love to sit with this author of the article and show him how the pre-plans work so that he can stop scaring people to not do them.

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