Funeral Bonds
Funeral Bonds: Plan Ahead for Peace of Mind
At Farrell & O’Neill Funerals, we understand the importance of planning for the future. Funeral bonds offer a secure and practical way to set aside funds for your funeral expenses, ensuring your family is not burdened financially during an already challenging time.
What Are Funeral Bonds?
Funeral bonds are a dedicated investment product designed to cover funeral costs. These funds are held securely and can only be used for funeral-related expenses, providing peace of mind that your wishes will be fulfilled.
Why Consider a Funeral Bond?
- Funds for future costs: A funeral bond lets you set aside money for future funeral expenses. Any investment growth depends on the bond’s terms and is not guaranteed to keep pace with funeral costs.
- Flexibility: Choose the amount you want to invest based on your personal preferences and budget.
- Centrelink Considerations: A funeral bond may be exempt from the assets test if it meets the applicable rules and allowable limit. We can help you find the bond details to discuss with Services Australia.
How Does It Work?
- You can invest in a funeral bond either as a lump sum or through regular contributions.
- The bond is typically held in your name until it is used for your funeral service.
- You can nominate Farrell & O'Neill Funerals as your chosen funeral director, ensuring your plans are carried out with care and respect.
Plan Today for a Better Tomorrow
Setting money aside in a funeral bond can help your family meet future funeral expenses. Farrell & O’Neill Funerals can explain the options available and help you plan ahead.
Contact Us
If you’re interested in learning more about funeral bonds or wish to discuss your options, please contact us today.
We’re here to help you plan for the future with confidence and ease.