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					  Final Expense Planning

Are your funds? protected
          Consider This . . .
Most significant events in our lives require planning;
you rarely just let them happen.
Funerals Require Planning, Too!
                                 • Like other major life events, funerals
                                   require planning.

                                 • Today, prearranging and prefunding
                                   one’s own funeral is not uncommon.
                                   Of all Americans aged 50+ years, it is
                                   estimated that:
                                       – 34% have preplanned their own funeral.*
                                       – 24% have prepaid at least a portion of
                                         funeral or burial expenses.*

 * AARP Funeral and Burial Planners Survey (2007).
Small Steps, Big Impact

         You don’t have to decide
          everything all at once!
         “Set aside funds today”!
         If and when you’re ready to
         plan out the details, you can
         meet with the funeral home
         of your choice to make
 In the past, there have been four
common ways to pay for a funeral:
       1.Life Insurance:
       These are funds intended to be left to your family
       and may not be immediately available.
       2. Personal Savings:
       These are funds for day-to-day living. In the event
       of a lengthy illness, they may have eroded
       3. Credit card or loan:
       This approach leaves heirs in debt.
       4. Family and friends:
       Borrowing from family and friends can be
       embarrassing as well as a financial strain to repay.

       Fortunately, there’s a better option. . .
     Funeral Expense Trust

A designated, prefunded plan that combines
the financial stability of insurance with
the security of a trust.
       Who Will Be Missing?
•   A distant relative or loved one?
•   A business Partner?
•   A student away at school?
•   A loved one in the military?
•   A family member who cannot afford to

      Those are just a few of the problems faced!
            The Solution!
• Add a special rider that will provide the
  lodging and transportation for those who are
  far away
• This added gesture could prove to be the
  most cherished thing one could do
• Saying farewell is the beginning of the
  bereavement process
• Do it in a cost-efficient way
• The trust can make all the arrangements

          All It Takes Is Forethought!
     How Much Does a Funeral Cost?

   Professional Services $1,283                     • Today’s funeral costs
   Embalming/ Cosmetology $537                        less than you might
   Memorial Service       $670                        think.
   Flowers                $250
   Transfer of Remains
                                                    • The U.S. Senate
      to Funeral Home     $186                        Committee on Aging
   Hearse                 $170                        shows the average
   Limo (2)               $260                        adult funeral price to be
   Service Van            $100                        $8,495*.
   Graveside              $400
   Cemetery Charges      $1,400               If something happened to you today,
   Casket                $2,477
   Vault                  $757                how would your funeral be paid for?
                      Total $8,495

*U.S. Senate Committee on Aging (2001); most recent data available.
                 Are Your Funds Protected?
   • Among people turning 65 today, 69 percent
     will need some form of long-term care.*
   • The national average cost of long term care
     is $68,255-76,460/year**
                • Annual growth of 4% over the last five years**
   • Many people who need long-term care will need to
     qualify for Medicaid at some point
                • This may require reducing your countable assets by paying the
                  nursing home, making allowable purchases, or exempting
                  assets from consideration
   • Putting your funds into a trust for funeral expenses
     exempts that money from Medicaid consideration

 * American Association of Homes & Services for the Aging (2009)
** Genworth Financial Cost of Care Survey (2008)
       How a Funeral Trust Works

                                                                         Provider Paid
                                     Policy Value                       Within 48 Hours

Pre-Planning    Life                  Irrevocable
   Funds     Insurance                   Funeral                         Excess Funds
               Policy      Policy         Trust                          Paid to Estate
                                                           Claim Paid
                       Assigned to
          Use money from                                            Funds avoid probate costs
        Savings, CDs, etc . . .                                       and delays; expenses
                                 Protected funds earn                 covered immediately
                                 tax-free interest until
                                      time of need
                                   Fund Protection
                                 Nursing Homes

          Creditors                                        Probate

* Eligibility varies by state.
             How the Trust Compares
                             NGL’s Final                          Savings             Money     Mutual
                            Expense Trust          Annuity        Account        CD   Market    Funds
 Proceeds avoid
                           Yes                    Yes           Depends     Depends   Depends   Depends
 probate costs
 Federal Income
 Tax-free death            Yes                    No            No          No        No        No
 Free of market risk       Yes                    Depends       Yes         Yes       No        No
                           Yes                    Yes           Yes         Yes       No        No
 Defined growth rate       Yes                    Depends       No          Yes       No        No

 Funds protected
                           Yes                    No            No          No**      No        No
 from creditors
 Excluded asset in
 order to qualify for      Yes*                   No            No          No**      No        No
 Medicaid & SSI

 * Some state regulations apply; please consult your legal advisor.
** Unless put into trust for funeral expenses.
                        Get Started
1. Work with your licensed NGL
   Financial Advisor

2. Establish your Trust-protected
   Final Expense Insurance Policy
   easily by:
   • Lump sum transfer from savings, CDs
     or Money Market accounts
   • Transfer funds from a pre-existing life
     insurance account [1035 Exchange]
   • Add to the fund in installments over a
     period of one year

 3. Next Steps (OPTIONAL):
     – Basic: Complete a brief, three-step Planning Guide, provided
       compliments of NGL. Store this with your important documents.
     – Advanced: Meet with a local funeral home of your choice to
       discuss service options and personal preferences.
  Set An Appointment
              Roy E. Barry, CEO
   Barry Advisory Group, LLC
             991 Routes 22 West. Suite 200
                Bridgewater, NJ 08807

Schedule a workshop at your organization:
   1. “Common Sense Retirement”
   2. “It’s Your Estate …or is it?”
   3. “The Roth IRA…is it for you?”
   4. “Final Expense Planning”
   5. “10 Ways to Protect Your Nest Egg”

             Call today! 908-595-2164