Pre-arrangement FAQ

Where does the money go that I prepay into the plan?

Needham-Storey-Wampner Funeral Service will deposit 100% of the money received into an irrevocable funeral trust, where it cannot be released to us until after the funeral you have chosen has been provided for you. 100% of the money you have pre-paid will be used for your funeral

If I prepay how can I be sure the funeral home won't charge my loved ones more at the time of my funeral?

Needham-Storey-Wampner Funeral Service is contractually obligated to provide all of the service and merchandise included in your funeral trust. The only change would be if the survivors would wish to purchase any merchandise or 3rd party services in addition to the prearranged plan.

What if the cost of the funeral service I prepay is greatly increased in actual cost at the time of my death?

By contract, Needham-Storey-Wampner Funeral Service can never charge more for any of the services and merchandise that you have chosen, no matter how many years prior to use your plan was established; however additional fees could be added if the contract is changed by the next of kin at time of need.

What if your funeral home is no longer in business at the time of my death?

Because your money is held in a irrevocable funeral trust governed by Indiana law, it will always be there for your funeral, even if Needham-Storey-Wampner Funeral Service were to be purchased or go out of business.

What if my family moves out of the area before I die? Do we lose the money paid to Needham-Storey-Wampner?

Should you move outside of our service area, your irrevocable funeral trust provides for your funeral at the funeral home of your choice. 

Won't my life insurance benefits cover all my funeral expenses?

It may, but aren't your life insurance benefits intended for your spouse's security or your child's education? Also, the cost of a funeral continues to rise, while your life insurance benefits don't increase over time. 

Doesn't Social Security provide a death benefit?

Social Security provides a lump-sum payment of only $255, and only of you qualify! Well below the cost of any funeral. 

Can Needham-Storey-Wampner Funeral Service ever cancel my irrevocable funeral trust?

Absolutely not. As long as payments are paid on time, your agreement can't be cancelled because of your age, health, or any other reason. 

Shouldn't I wait until I'm older to deal with this?

No. The younger you are, the more you have to gain. Prices will continue to rise until you freeze your costs by your purchase. 

How do I know you will really put my money in a Trust?

Needham-Storey-Wampner Funeral Service submits annual reports to the State of Indiana regarding funeral trusts and our records are subject to periodic audits by the State to assure the deposit of funds.