All surviving family members must fill out a Small Estate Affidavit when the primary and contingent beneficiaries are deceased. Or, if the primary beneficiary is deceased and there is not named beneficiary on a life insurance policy. Some insurance companies have their own particular Small Estate Affidavits. Others will accept a “form”. The affidavit must be signed, dated and…
Monthly Archives
November 2015
Using Insurance Assignments to Create Cashflow
How to increase cashflow?
Here’s a familiar short story about family owned funeral home. Let’s call it Christine’s Mortuary. Christine walks into a bank and says to the moneylender: “I need money for my funeral home.” The moneylender says: “No.” All businesses come to this crossroads at one time or another. Not so if you happen to be offering funeral services.
Funeral Home owners can…
The Walmart effect: 3 strategies for shopping for business services.
The Walmart affect. 3 strategies for shopping for business services.
With increasing pressure to cut costs, how many of us loose sight of the value of quality? Low bid and cheap prices have been winning the day. However isn’t there a difference between shopping for office supplies and an attorney, doctor, shrink, financial advisor and funeral director for that matter? For many,…
About Life Insurance Assignment Funding
Accepting Life Insurance Boosts Funeral Home Revenue by 25%
Funeral Directors can probably tell by now that we love answering questions about life insurance assignments. We respect how competitive the funeral service business is and how directors must be focused on your families’ needs at all times. Offering more payment options makes a home more attractive and family-friendly. Not…
Trinity Funeral Funding honors Veterans
Paying tribute and saying thanks to Veterans is something we all can do. And just as families across the country honor those who have served and sacrificed, we too are reminded of the brave men and women who have served.
Today, Trinity Funeral Funding has announced a 20% discount for funding insurance assignments for any Veteran service now through June 1, 2016.
A little patriotism is a good…
Funeral Funding: Is your Funeral Home growing or dying?
A funeral home that is not changing can quickly turn into a declining one. It’s not uncommon to be so absorbed by your Funeral Home’s day-to-day funding needs that the signs your Home is loosing momentum are ignored.
Here are some warning signs:
Do you have a clear vision for the road ahead?
Is your revenue rising; with rising costs, revenue must always increase.
Are new families…
Funeral Home Funding: Money to Grow
Funeral Funding For Morticians & Money to Grow
From government-backed loans to crowd-funding, today’s funeral homes have more financing options than ever before. A director/mortician owner can find capital infusions from factoring your life insurance assignments or innovative new funding sources. Did you know that families spend 30% more on burial services when utilizing insuranc…