McMullin Young Funeral Homes Ltd.
" Our Family serving your family since 1856 "
Pre-Planning Your Funeral: A Thoughtful Choice
If I make prearrangements and prefinance them, how do I
know my deposit will be safe?
The Illinois Funeral or Burial Funds Act, established in 1955, requires that preneed funds be
placed in trust in an Illinois bank or trust company or federal or Illinois savings and loan
institution or federal or Illinois credit union or with an insurance company if insurance is the
choice of the prearrangement. To be sure your funds are handled as required by the Act, we
suggest you:
- Make arrangements only with licensed firms.
- Be certain your preneed funds are placed in a trust.
- Read the preneed trust contract.
- Let your family know about your wishes.
McMullin Young Funeral Home Ltd. is fully licensed to handle preneed funds.
When you make funeral prearrangements, McMullin Young Funeral Home Ltd. will prepare a
preneed trust contract which states the amount of money you have paid, the services which
you have selected, and the funeral home's responsibilities. Read the contract carefully to be
certain that you have arranged everything just as you want it. Should your circumstances
change, you can obtain a refund of both principal and earned interest in accordance with the
contract you sign.
Be sure to inform your family or a close friend or your legal representative about your
prearrangements. Place a copy of your prearrangement contract along with your other wishes
regarding your final disposition in a place where they will be available when needed.
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