Riewerts Memorial Home, Inc.

Funding Options

calculator and spreadsheet of costsAs members of the New Jersey State Funeral Directors Association, we exclusively use Funeral Planning CHOICES for prepayments.

When preplanning a funeral it is important to consider prepaying the funeral expenses that you’ve selected. It is important to understand that prearranging and prepaying will not guarantee a specific price at the time of service. Funeral prices are not fixed at the time of the prearrangement. Prevailing prices on the current General Price List in effect at the time of death determine the cost of the funeral services provided. The prepayment of the total amount of the funeral expenses selected will gain interest, compounded monthly, that accumulates with the beginning balance in an effort to assure that the total funeral will be paid at the time of death.

Funeral Planning CHOICES is also known as the New Jersey Prepaid Funeral Trust Fund. Thousands of people have their arrangements prepaid with deposits in the New Jersey Prepaid Funeral Trust Fund. All deposits are in conservative investments.

Since 1981, Funeral Planning CHOICES has provided a funeral funding mechanisms that meets all federal and state consumer protection laws. New Jersey Law requires 100% trusting of all funeral prepayments and are FDIC insured. All of your money is invested in the trust fund and is completely portable to protect the interests of its participants.

Prepaying is especially important when qualifying for SSI / Medicaid eligibility. Irrevocable trust accounts and irrevocably assigned insurance policies are exempt assets when determining eligibility for SSI / Medicaid purposes. Your should prepay the funeral you wish for them using their assets as part of the spend down process. An irrevocable trust account or irrevocably assigned, fully paid, life insurance policy or policies will accomplish this for you.

Our professional, specially trained staff will gladly assist and council you through the prearrangement and prepayment process.

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