New York State Funeral Directors Association

Millions of people in New York State and across the nation are choosing to pay their funeral/burial expenses well in advance. As part of a significant trend, more are doing so each day. Why? They recognize that taking care of this important need is not only smart financial planning, but provides great emotional relief just knowing that their final expenses are covered.

There are a number of advantages to preplanning and prefunding funeral expenses:

  • It allows individuals the opportunity to make personal and specific selections for the funeral service that most closely meets their needs;
  • It is comforting to know that money has been set aside for their final expenses, which will in turn reduce the burden on family members at a difficult time;
  • Loved ones are not left guessing which type of funeral service would have been preferred; and
  • Medicaid/SSI recipients are allowed to set aside money to fully fund the service of their choice before their funds are exhausted down to necessary eligibility levels.

What you should expect from a prearrangement conference:
The law requires the funeral director to provide the consumer with the following:

  1. A GENERAL PRICE LIST with the current prices for any merchandise, services and facilities offered by the funeral home.
  2. A PRENEED ITEMIZATION STATEMENT that lists the items of merchandise, services and facilities that have been chosen, and the price of each.
  3. A PRENEED AGREEMENT that outlines all the terms, as well as consumer’s rights as the purchaser. It must also state how the principal and interest will be applied to the cost of the funeral services and merchandise at the time they are provided.