1 / 27

The Power of a Funeral Trust: Secure Your Legacy and Financial Future

Learn about the benefits of a Funeral Trust and how it can help you protect your family, estate, and ensure a hassle-free funeral. Discover how to make an extra $100,000 this year.

barth
Download Presentation

The Power of a Funeral Trust: Secure Your Legacy and Financial Future

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The One Question That Will Make You an EXTRA $100,000 This Year Do you want . . . .?

  2. There are approximately 60 decisions your family will need to make at the time of planning your funeral.Do you want to make them now? The Pre-Paid Funeral Trust

  3. Why use a Funeral Trust? • What exactly is a Funeral Trust? • What happens to any excess money left in my Funeral Trust after all my funeral expenses are paid? • Do I have to name a Funeral Home when I use a Funeral Trust, and is it good anywhere in the U.S.? • Would I be the owner of my Funeral Trust? • If I am in a nursing home and purchase a funeral trust for myself and other family members, does the 5 year look-back apply? • Is there a limit on the amount of money I can put into a funeral trust in different states? • Is it guaranteed issue? • How does a Funeral Trust help me qualify for my earned Veterans Long Term Care benefit?

  4. Protect Your FamilyProtect Your Estate Establish a pre-paid funeral trust to assure money is set aside to pay for these expenses . . .

  5. How Much Does a Funeral Cost? According to the Federal Trade Commission, the average funeral costs in the United States can be well over $10,000 by the time you add floral arrangements, prayer cards, obituaries, and family transportation. Traditionally, when people think of funeral expenses they think of things like a casket and flowers.Depending upon your location, this figure could be higher or lower. Cremation services can run up to $7,000 depending upon the goods and services selected.

  6. How Much Does a Funeral Cost? If something happened to you today, how would your funeral be paid for? Professional Services $1,283 Embalming/ Cosmetology $537 Memorial Service $670 Flowers $250 Transfer of Remains to Funeral Home $186 Hearse $170 Limo (2) $260 Service Van $100 Graveside $400 Cemetery Charges $1,400 Casket $2,477 Vault $757 Total $8,495 Additional Costs: Clergy Obituary Meals Transportation And more . . . TOTAL = $10,000+

  7. Funeral Provider Paid Within 48 Hours Excess Funds Paid to Estate How a Funeral Trust Works Policy Value GROWS! Pre-Planning Funds Irrevocable Funeral Trust Life Insurance Policy Policy Assigned to Claim Paid Use money from Savings, CDs, etc . . . Protected funds earn tax-free interest until time of need Funds avoid probate costs and delays; expenses covered immediately

  8. Fund Protection Nursing Homes Irrevocable Funeral Trust Probate Creditors Medicaid*

  9. The Pre-Paid Funeral Trust • Issued in amounts from $1,000 up to $15,000 per person • An Irrevocable Funeral Trust: • Issued ages – 0 to 99 • Guaranteed issued • Absolutely no underwriting • Medicaid and nursing home exempt • Jet issued policies & commissions (up to 16%) • Earns competitive interest rates • Marketing and sales support

  10. Two Choices . . . • Unity Financial • National Guardian Life (NGL) Not all companies are approved in all states.

  11. SINGLE PREMIUM LIFE PRODUCT Premiums from $1000 - $15,000 ISSUE AGES 0-99 NO UNDERWRITING – GUARANTEED ISSUED GREAT COMMISSIONS FUNERAL TRUST PROVIDED BY INS. CO. MEDICAID and VA EXEMPT 1035 EXCHANGES ACCEPTED GREAT FOR PRE-PLANNING AND CRISIS PLANNING Unity Financial Life

  12. The Irrevocable Funeral Trust • Irrevocable Funeral Trust (IFT) - Funded by a single premium life policy. • Trust strictly specifies money is to be used for funeral expenses. • Life Policy grows @1.75% - ages 0-80, 1.00% -ages 81-90 * Not Guaranteed • At Death, the trust pays the funeral home directly with excess funds being returned to the estate or family.

  13. Isn’t a final expense policy exempt for Medicaid purposes? • LIFE INSURANCE: Exempt if face value of all policies is less than $1,500.00. If face values of all policies exceed $1,500.00, then they are collectively considered “Countable Assets”. • Any amount of term life is excludable. According to the Centers for Medicare and Medicaid handbook . . .

  14. The Easiest Sale You’ll ever make First way to fund a funeral trust. • 1035 Exchange from Old Life Insurance Policies that have a Face Value of over $1500.00 • If the face amount is significantly higher than the cash value, you may want to have the current policy irrevocably assigned to a funeral home – if the funeral home will accept it – state limits will still apply Big Money doing 1035 Exchanges

  15. The 10% Free Withdrawal To Fund Trust Second way to fund the funeral trust We are just going to move money from your old annuity to the funeral trust. Instant Medicaid Protection

  16. CASH Third way to fund the funeral trust Savings Bonds / Stocks Fourth way to fund the funeral trust

  17. Your Biggest competition REASONS WHY YOUR CLIENT IS BETTER OFF DOING BUSINESS WITH YOU. • The Funeral Home might go out of business • You might move closer to your children in your old age • The Funeral Home may merge with new owners • You may change your mind on the type of service or place • of burial The Funeral Trust doesn’t specify any particular funeral home. This trust can be used with any funeral home at time of death. WE OFFER FLEXIBILITY!

  18. PACKAGE YOUR PRODUCTS New Delivery Folders

  19. Existing Clients You already have relationship • Do an Annual Review with Each of your customers. The best target age is from 60-90. • SELL THE FUNERAL TRUST CONCEPT TO THEM.

  20. Annual Review Letter

  21. PPFT Brochure PPFT Flyer Personalized Sales Materials

  22. Contract with us today…A great opportunity! Call A2Z Annuity Marketing At 877-752-0055

  23. New Contract Bonus Receive a $25 gas card for each funeral trust sold between now and February 28, 2013.

  24. ONE ??????? The question that will YOU EARN an EXTRA $100,000 this YEAR

  25. How will you make an EXTRA $100,000? Average commission per PPFT $1,000 X 2 sales per week $2,000 per wk X 50 weeks per year $100,000 YEAR

  26. Do You Want Your Children to Pay for Your Funeral? What have you done? Did you know the State of __________ will require that you spend down all of your assets to $2000 before they will assist with any of your long-term care costs? Will $2000 be enough to pay for your funeral?

  27. Thank You for AttendingOur National Webinar. A2Z Annuity Marketing 877-752-0055 Start marketing the funeral trust to your clients, before someone else does.

More Related