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March 2000

The Director - Features

Funding the Future

Part I: Funeral Trust Offer Unique Benefits

Written by Richard C. Harris

Today's preneed market is thriving and funeral directors have many options to consider when attempting to meet the needs of their preneed clients. Several of those options involve trusts, which offer distinct advantages to funeral directors uninterested in obtaining an insurance license and investing in continuing education. The Future—Part I: Funeral Trusts Offer Unique Benefits explains why many funeral directors utilize trusts and includes a chart listing the trust-funding options that are available and their potential advantages and disadvantages. The article also describes the various kinds of trust providers. The article was written by Richard C. Harris, director of sales and marketing at Forethought Federal Savings Bank in Batesville, IN. Forethought is a Hillenbrand Industry.