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In this issue:CREATIVE CHOICES Prepaid funeral contracts ....................... 1 FAQs (Texas Dept. of Banking) ......... 1 Additional considerations ................. 4 Colonial Penn / Alex Greek
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How to fill out prepaid funeral contracts

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How to fill out prepaid funeral contracts

01
Step 1: Research various funeral homes that offer prepaid funeral contracts.
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Step 2: Contact the chosen funeral home to request information about their prepaid funeral contract options.
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Step 3: Review the terms and conditions of the contract, including costs, services included, and cancellation policies.
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Step 4: Consult with a legal professional if needed to ensure full understanding of the contract.
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Step 5: Choose the desired funeral package and customize any additional services or preferences.
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Step 6: Provide the necessary personal information and complete any required forms or paperwork.
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Step 7: Make the upfront payment or set up a payment plan according to the terms of the contract.
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Step 8: Keep a copy of the contract and ensure that loved ones are aware of its existence.
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Step 9: Periodically review and update the prepaid funeral contract as needed.

Who needs prepaid funeral contracts?

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Individuals who wish to alleviate the financial and emotional burden on their loved ones after their passing may consider a prepaid funeral contract.
02
Those who desire to have specific funeral arrangements and services in place, ensuring their wishes are fulfilled, can benefit from a prepaid funeral contract.
03
People with limited financial resources may find prepaid funeral contracts helpful in managing funeral expenses over time.
04
Individuals who want to secure current prices for future funeral services may opt for prepaid funeral contracts as prices tend to increase over time.
05
Anyone who wishes to have peace of mind knowing that their funeral arrangements are already taken care of may find prepaid funeral contracts valuable.
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A prepaid funeral contract is an agreement to provide funeral services and merchandise in advance, typically paid for in installments.
Funeral homes and providers who offer prepaid funeral contracts are required to file them.
Prepaid funeral contracts should be completed with the information of the individual making the arrangements and the services and merchandise being pre-purchased.
The purpose of prepaid funeral contracts is to allow individuals to make arrangements for their funeral in advance and secure the price of services and merchandise.
Prepaid funeral contracts should include the details of the services to be provided, the cost, payment schedule, and the terms and conditions of the agreement.
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