Planning ahead for funeral arrangements can be a thoughtful decision.

Planning ahead for funeral arrangements can be a thoughtful decision. It's a way to ease the burden on your loved ones during a difficult time and ensure that your wishes are met.

At Bales Funeral Home, we understand that circumstances may change, leading you to consider transferring your arrangements. Whether you're relocating or simply revising your preferences, we're here to guide you through the process with care and compassion.

In many states, regulations mandate that funds related to prearranged funeral contracts are placed in escrow by a licensed entity. Typically, preneed contracts are facilitated through insurance or trust funds. If you're contemplating a transfer, the first step is to ascertain if your arrangements are prefunded. If not, the process is straightforward – just inform us of your decision, and we'll handle the transfer seamlessly.

However, if your arrangements are prefunded, the transfer process involves a few more steps. Our experienced staff can assist you every step of the way. Here's what you need to know about transferring prefunded arrangements:

Funeral Insurance Policy: These policies are designed specifically to cover funeral costs, with the funeral home named as the beneficiary. To transfer such a policy, you'll need to notify the insurance company of the change in beneficiary. They may require you to fill out a form for the update.

Funeral Trust: Another option for prefunding funeral expenses is setting up a trust with a financial institution. The funds are deposited into an interest-bearing account, often with the funeral home designated as the recipient. To transfer a funeral trust account, simply contact the financial institution to change the beneficiary, which may involve completing some paperwork.

If you're considering transferring your prearrangements to Bales Funeral Home, rest assured that we're here to assist you every step of the way, and there's no cost for our support. Simply give us a call, and we'll ensure a smooth transition, providing the care and attention you deserve during this process.