Pre-Payment Options

There are a growing number of options available to the public today when seeking to preplan and prepay their final wishes. We can tailor a plan that's right for you. From single pay plans to automatic monthly bank withdrawals designed to meet anyone's budget concerns, our staff would be pleased to outline the choices available.

Pre-paying can protect you and your family from future inflationary trends while providing the peace of mind of knowing that they will be cared for after you are gone. Below you will find more detailed explanations of the plan that we have available. If you would like to request an appointment after you have reviewed this information, we would be pleased to have one of our staff go over any additional questions you might have.

Trust accounts are one of the most common methods of handling funds paid on a Pre-Need Agreement. These funds are deposited in a bank or  trust company in a trust fund, which earns interest that is accrued in the account. If the trust account is invested on a commingled basis with other similar accounts, usually a higher rate for interest is earned than on current savings accounts. There are federal tax liabilities associated with the interest generated on the trust account that are generally your responsibility.

Here, at Dimiceli & Sons, Inc. we use the Cooperative Funeral Fund, Inc.  They offer pre-need trust services utilizing First State Trust Company/Citigroup as the Escrow Agent/Trustee. The trust offers the security of 100% United States Government backed investments. Citigroup Institutional Trust is part of Citigroup, Smith Barney and Citibank, N.A. the largest financial institution in the United States.