Benefits of the NGL Estate Planning Trust

Do I have to plan my funeral now?

Proceeds are income tax-free

Exempt from probate - funds available immediately (within 2 business days in most states)

Completely FREE (no fees) Funds are totally portable (can be used with any funeral home provider)

Anyone can qualify

No! That is one of the true benefits of using the NGL Estate Planning Trust. You can set aside funds for these expenses now, but then you can either make the selections at a later time or allow your family to do that when the time comes. Either way, the money will be there and ready to pay for whatever services are eventually chosen. Selecting how much money you would like to set aside is all you have to do today.

Why use a trust?

It is the easiest way to transfer some of your financial assets to your loved ones and favorite charities. This trust is exclusively designed to help you do this and cover your funeral costs at the same time. Few people have the resources to pay for a funeral outright and many funeral homes require payment in advance of services. Your personal savings accounts may be tied up with probate delays. The NGL Estate Planning Trust is simply the only savings option that gives you the level of security and protection you need.

Very simple to apply for

Keeps assets up to $100,000 safe from creditors

Can be used in addition to any other trust you may have

Provides peace of mind for you and your family - priceless

The process is simple and only requires one additional form along with your life insurance application. You can protect and transfer assets up to $100,000 to unlimited beneficiaries once your funeral expenses are paid. Plus, these funds may be excluded from Medicaid spend-down after 60 months, if ever needed.

Where do I get the money?

You probably already have it! Sometimes all it takes is a little rearranging to create your complete financial picture in a way that works best for you. Consider your rainy day fund, a life insurance policy you already own, a certificate of deposit, money market account or an annuity. By using money from these sources to fund an insurance policy, you’re simply using existing assets to safeguard your financial legacy and ensure your final expenses are taken care of to make life easier for those you leave behind.

How does the plan work?

It’s simple. Whole life insurance coverage is purchased to set aside the funds you want to transfer to your children, grandchildren and charities plus the anticipated cost of your funeral. The certificate is then irrevocably assigned to the NGL Estate Planning Trust. This trust assignment is what gives you the advantage of:

1. Making sure the funds for your final expenses are available immediately and not tied up in probate at the time of death.

2. Remaining proceeds are paid out exactly as you wish.

Is this the right product for you?

How do you know if this product might be right for you? If you answer “yes” to any of the following questions, then you know that this product may be the missing piece to your financial picture.

I want to make sure there is an inheritance set aside for my children and grandchildren.

I have a charity that I’m really passionate about and want to make sure there is money designated to it after I’m gone.

I want my assets to be protected from creditors if I should require long-term care.

I don’t want my family to have to worry about paying my funeral expenses.

Medicaid qualification is not a high priority for me right now.

Leave a financial legacy and peace of mind as your gift to loved ones. Providing money to your beneficiaries and setting aside funds for your final expenses is a wise and thoughtful choice - take the opportunity now to prepare for the future. Work with your planning professional on a simple planning solution today!