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Disabled Beneficiaries – Would a Henson Trust Benefit your Situation?

funeral preplanner Mississauga Ontario

Many Canadians are aware of the importance of having a valid will and powers of attorney document, yet, the importance of these documents is vastly underestimated in the special needs arena. Careful estate planning is necessary if persons with disabilities are to become beneficiaries of an estate. Individuals who live in Ontario should consider taking advantage of the Henson Trust when planning for their beneficiaries, who are recipients of ODSP benefits. Read more

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Dispelling the Myths about Funeral Preplanning – Part 1

A Coffee a Day is a Funeral Prepaid

iStock_000023619424XSmallReally?  Absolutely!  It can cost as little as $50.00 per month or even less to prepay your final funeral arrangements.  The couple I worked with this past weekend started their prepaid funeral arrangements for under $25.00 per month.  We worked within their budget and what they wanted to fund first and that is how the contract was set up.  We will add different items into the prepaid funeral contract over time and they will eventually have their entire funeral pre-funded within a budget that is comfortable to them. In this blog series, we will dispel some of the myths about funeral pre-planning.

Unfortunately, many people are under the impression that funerals are expensive or that they have to prepay funeral arrangements in one lump sum.  This is not the case. The average funeral cost in Ontario is around $8,800.00, and I have organized funerals that were $2,000 to over $15,000.00.  It really does depend on what you want to set up ahead of time and how you want your life to be celebrated.  People often ask me about the cost of a funeral, and that can depend for example on the casket selected.  Caskets are usually made of wood, metal or cloth covered particleboard.  The entry level pricing for a casket is around $600.00 and can go as high as you wish.

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