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How Do I Know Money in a Pre-arrangement is safe?

Published: February 7, 2022

How do I know money in a pre-arrangement is safe?

Bateman Funeral Home puts money into a third party trust that is state audited to make sure that it is safe. It will be held in accordance with all of the applicable laws and annual reports will be submitted by a third party administrator. This will ensure that your money is safe, even if the funeral home does encounter problems. 

In addition to the outside guarantee of a trust, the longevity of a funeral home can give an indication of how safe your money will be. While the amount of years a company has been around is not a guarantee that they will not go under, it does provide some peace of mind. Bateman Funeral Home has been in operation for over 100 years and survived the Spanish Flu from February 1918 to April 1920, the Great Depression and the Great Recession. 

What if I move?

All of our pre-arrangements are fully portable to any funeral home, so you do not need to worry that you will lose your money if you prearrange with us and then move in the future. Also if you do not move more than 100 miles away, we can still go to your new home and take you into our care for your final arrangements.

 
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