Funeral service is in the midst of several vast transitions from the traditional ideas once held by its professionals. So many new trends are creating a stir within the industry. Among the controversial topics in the funeral profession, pre-need funeral contracts are at the top of the list. Pre-need is defined as, "Funeral arrangements made in advance of need". There are two distinct types of pre-need contracts, the first of which is the pre-funded funeral …
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showed last 75 words of 1709 total
…surplus which will become available to families without a gift tax. Pre-need also allows the survivors a chance to fully experience their grief without the burden of difficult decision making. Pre-need funerals are an excellent way to help simplify the funeral process. The existence of pre-need contracts has had a great impact on the funeral industry. If funeral professionals learn to work alongside life insurance providers, the future holds growth and profit for both industries.