Reliable, convenient, and fully compliant with the regulatory requirements of Funeral Directors & Establishments Act, Meridian Pre-arranged Funeral Trusts are part of our complete financial solutions for funeral home professionals.
Key Benefits and Features
Earn More
- Lock in to a five-year term with rates adjusted to current market value
- Option to set and change administration percentage annually
- Flexible
- Provides you with the ability to offer your clients full-purchase or payment plan options
Peace of Mind
- Fully Funeral Directors & Establishments Act compliant
- Detailed comprehensive reporting
- Tracking of original principle
- Unique and consistent account number for each beneficiary
Accessible
Use Meridian’s Online Banking to view your account details
Details
Reporting
- Comprehensive monthly reports for each beneficiary, principle amount, current rate, interest paid and year-to-date accrued interest
- Enhanced annual reporting allows you to align to regulatory obligations
- Principal tracking per beneficiary throughout the life of the trust
Interest
- Rates adjusted annually on November 1st
- Daily-calculated interest, which is paid annually
Fees
Type of Funds
