We offer a variety of pre-payment programs so everyone can choose an affordable trust plan made especially for themselves. We can explain these trust programs along with details about Veterans and Social Security Benefits at our offices or at your home. We also make pre-arrangements at no cost to those who simply want the information on file.
Arrangements can be made and funded using an Irrevocable Funeral Trust Agreement with Needham-Storey-Wampner Funeral Service serving as the Trustee. The arrangements can be funded by a lump-sum payment, monthly installments or through the assignment of an existing insurance policy.
Needham-Storey-Wampner Funeral Service works with several local banks to provide investment instruments for funeral trusts. This funding option works best when prearrangements are funded through a lump-sum payment. The interest earnings on this investment are taxable income to the Trustor. Needham-Storey-Wampner Funeral Service offers guarantees designed to hedge against inflation with this funding option.
Additionally, we provide specialized funeral life insurance policies underwritten by Homesteaders Life Insurance Company of Des Moines, Iowa. Homesteaders is a well respected and long-term funeral insurance industry leader. With this funding option, an insurance policy can purchased with a lump-sum payment or monthly installments. A medical exam is not required to complete the insurance policy application. Needham-Storey-Wampner Funeral Service offers guarantees designed to hedge against inflation with this funding option.
Needham-Storey-Wampner Funeral Service will accept insurance assignments on certain previously issued insurance policies. While we don't offer inflation guarantees with this funding option, it can be helpful for those preparing enrolling in Medicaid coverage.