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Burial Trust - Cemetery

Burial Trust

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A burial trust is a type of irrevocable trust created to pay for the grantor's funeral services after death.

Advantages:

  • Lower Net Worth - allows grantor to transfer assets into trust and lower net worth to qualify for government assistance.
  • Peace of Mind - ensures sufficient funds set aside to pay for funeral expenses.

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Non-deposit investment products are not insured by FDIC, not a deposit or other obligation of, or guaranteed by Boone Bank & Trust Co., and may be subject to investment risk, including possible loss of the principal amount invested.

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