Irrevocable Pre-Need Arrangement

By: Tom Gallagher
Tuesday, March 1, 2022

A funeral services package also referred to as pre preparations or funeral service packages, is a pre-paid contract between clients and funeral homes. Such packages include all necessary preparation for the deceased individual's funeral. Regardless of the level of fitness or age, anyone can form a pre-need arrangement.

It's a great approach to guarantee that your funeral will occur just as you choose. Many people are particular about how they want their funeral service to be and creating a pre-need arrangement can help. Gallagher Funeral Home receives a high volume of inquiries about this service. The following information pertains to pre-need arrangements.

About Pre-Need Contracts?

The sum due to the funeral home for services given is held in escrow until your death under the terms of this contract. Following your death, the establishment will provide all of the services specified in your contract. The interest earned on the initial deposit amount is applied to the cost of funeral services due to inflation.

What Is Included In A Pre-Need Agreement?

Services for pre-need funerals contain essential information, such as:

  • The final resting place
  • Whether an urn or casket was chosen
  • The headstone or marker type
  • Option of cremation/burial
  • Memorial service/funeral service
  • Instructions for customized funeral or cremation

Irrevocable or revocable pre­-need arrangements are both possible. Whichever one you choose, there will be adequate funds to cover the cost of the specified services. The primary advantage of an irreversible pre-need agreement would be that it enables you to qualify for Medicaid. When determining eligibility for Medicaid, the funds set aside in an irrevocable pre-need agreement are not considered an asset, which benefits you. Because the funds are held in escrow, they remain secure until needed.

For details about our funeral services, please call Gallagher Funeral Home at 318-640-1375. Our professional and seasoned funeral director and friendly staff members are proactive and knowledgeable. They will provide you with all the necessary information to help you preplan your funeral service.

Leave a comment
Please enter the numbers and letters you see in the image. Note that the case of the letters entered matters.


Please wait

Previous Posts

Information About Green Burials

We've come to expect certain things at a funeral in the United States, such as an elegant casket, many flowers, the deceased being embalmed, and other such rituals. But how important are those extr...

How Long Does It Take To Receive The Ashes After Cremation?

The cremation process depends on several factors, so the time needed to obtain ashes following cremation varies. How long, though, until the family receives the ashes after cremation? The cremation...

Etiquette For Social Media Condolences

Clients frequently inquire at Thomas M. Gallagher Funeral Home about the etiquette to follow for social media condolences. Without a doubt, sharing the news of a death and the details of the memori...

Do You Still Have To Wear Black To A Funeral Or Memorial?

Funeral attire can be tricky for those who have never attended one before. We get asked, "Should we wear black to the funeral?". To avoid disrespecting the deceased and their family and look your b...

Cremation vs. Burial Costs

Cremation is an option that has been around for centuries but is not widely chosen in the United States. Many people are curious about cremation because it offers an alternative to costly and time-...

5 Things To Think About Before Organizing A Funeral

When a close relative passes, you must see that all necessary arrangements are made. Thomas M. Gallagher Funeral Home recognizes the difficulty of this undertaking. Things to Think About While Org...

Trust the Feeling of Moving On, Even if your Heart Doesn't Feel Ready

At first, grief obscures your vision and creates a wall between you and the reality you once knew. You believed it would lift, as the fog does, but even after several days and weeks underneath its ...

The Importance Of A Funeral Procession

Funeral processions conjure images of long lines of slow-moving cars, huge crowds, and famous people. While this may not be the case during a large gathering of family and friends, many adhere to t...

How Long Can A Person Be On Hospice?

Hospice care is designed specifically for persons nearing the end of their lives and requiring support. Emotional and psychological assistance and comfort are provided in a time of need. For the mo...

Grief - What is "Normal"?

Grief is a normal reaction to losing someone or something significant to you. You might experience a range of feelings, including despair or loneliness. At Gallagher Funeral Home, we recognize that...