Many people wish to put
money aside for their funeral, but do not want to obligate themselves to a
particular funeral director or funeral plan.
The CDF Funeral Savings
Account provides real benefits and ensures that all monies are directed to your
estate for funeral related expenses. It
can relieve unnecessary stress at a difficult and painful time, as well as
helping to ensure that your wishes will be carried out, giving peace of mind to
you and your family.
A CDF Funeral Savings
Account allows you to invest a single lump sum, or add smaller amounts as your
financial circumstances permit. Funeral
Savings Accounts are exempt from asset testing for residential care subsidy up
to $10,000 per person.
Upon death, all accumulated
interest and capital is directed to your estate to cover the costs of your
funeral. Any surplus funds form part of
your estate.
You will be charged NO
account fees.