A funeral trust is set up to fund funeral expenses in advance. A funeral trust is funded by a certificate of deposit which is purchased at a local bank in the amount of the funeral services selected. There are three parties to this trust, the individual, the funeral home and the bank acting as trustee. Interest earned on the C.D. remains in the trust and covers future funeral price increases. A trust is preferred by families who are financially able to pay the full amount of the funeral service in one lump sum. Money held in an irrevocable burial trust is considered an exempt asset in determining qualification for title XIX benefits. For more information on burial trusts, please contact one of the directors at the funeral home or by E-Mail.