AlCPC

Funeral and Burial Pre-Planning in Alabama

This type of planning has become very popular in recent years. A survey conducted by the AARP in 1999, found that two out of five people over age 50 had been approached to pre-purchase funerals and burial goods and services. An AARP survey in 1998 indicates that 32% of all Americans over age 50, roughly 21 million people, have prepaid some or all of their funeral and or burial expenses (but not necessarily through a formal preneed plan).

Breaking that down, about 25% of the over age 50 population have prepaid for their burials (cemetery plot, mausoleum or niche), 18% have prepaid for headstones, urns, caskets , grave liners or vaults, opening and closing of graves and so on and 13% have prepaid for goods or services from a funeral home or funeral director. The same article indicates that over $25 billion is being held in pre-need trust funds. Roughly another $25 billion is waiting to be paid out in life insurance benefits. Prepaid or preneed funerals and burials are big business.

Most states allow for using life insurance for funeral plans and a large number of states allow it for burial plans. In those states that allow insurance, three or four insurance companies have designed policies specifically to fund preneed contracts.

A standard contract is used with all funeral providers in each state that may or may not guarantee the cost of goods and services and does not require irrevocable assignment of the death benefit to the funeral provider. Where allowed, the contract will include burial services as well.

Alabama Senior Services

Senior Services for familiesOur council is dedicated to helping families in Alabama deal with the issues and challenges aging seniors face. We do this by offering a trusted listing source of eldercare and senior services in your area.

Some of these senior services include Care Management, Elder Law, Estate Planning, Funeral Planning, Home Care, Medicaid Planning, Placement, Reverse Mortgage, and help with Veterans Benefits.

Books on Medicaid, Eldercare, Veterans Benefits, and Long Term Care

Eldercare BooksThe Alabama Care Planning Council offers books written by the National Care Planning Council, a leader in providing materials on timely subjects relating to aging seniors.

Below are five of their popular books:

"How to Apply for Department of Veterans Affairs Benefits for Senior Veterans and Their Survivors" (2024)

"How to Deal with 21 Critical Issues Facing Aging Seniors"

"The 4 Steps of Long Term Care Planning"

"Protect Assets from Nursing Home Costs: Medicaid Secrets" (2024)

Join the Alabama Care Planning Council

Join the AlCPCThe elderly and their caregivers search online everyday for senior services and frequently find our web site, carealabama.net. We, along with the National Care Planning Council, have become an important resource for families looking for help.

We invite you to become a member of the AlCPC starting at only $15.00 a month. Your membership will include an advertising listing(s) on two sites, your own personal sales (web) page, and access to the member section.