Applying for social security death benefits after a loved one’s passing can feel like a complicated and overwhelming process, especially in the midst of grieving your loved one, but it’s actually quite simple once you know the steps and the proper channels to go through. So how does Social Security even work? You may know...
A Future Interment Master Trust is a trust in which participating beneficiaries deposit prepaid funeral funds into one trust, which are then paid out to the beneficiary at the time of their death. The funds are held and safely invested by The Philadelphia Trust Company who serves as trustee for the beneficiaries of the Trust. As a Master Trust, all investment income generated by the trust is taxable.
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