We will send you a brochure that provides guidance for your family when emotions are running high. It allows you to make a record of all personal details required by the Registrar of Births, Deaths and Marriages, including valuable information such as contacts for your accountant, bank details, investments, clubs and the details of your prepaid funeral plan.

Prepaid Funerals in Australia are exempt from the income and assets test regardless of the prepaid amount.

If you have a prepaid funeral plan and have a funeral bond as well, the funeral bond will be counted as an asset and assessed under the deemed income rules.

If you buy a cemetery plot for yourself without prepaying your funeral services, the value of the cemetery plot, regardless of its value, is not counted under the income and assets tests.

https://www.dva.gov.au/access-benefits/pensions-and-payments/what-changes-your-payments/your-business-or-investments/funeral-bonds-and-prepaid-funeral-plans

https://www.servicesaustralia.gov.au/funeral-bonds-and-prepaid-funerals

Increases to the costs faced by Hills Family Funerals in providing a funeral service are offset by interest and investment reurns earned against the prepaid funeral money help in trust with our chosen funeral fund, Australian Funeral Plan (afplan.com.au).

GST is remitted by Australian Funeral Plan when the prepaid contract is signed up and paid for.

Prepaid funeral plans don’t attract any capital gains tax or have any tax implications for the funeral beneficiary.

By discussing the details of your preferences with Hills Family Funerals, you can ensure that sufficient funds are set aside for your requirements. The total cost of a funeral service will depend on the individual aspects that are chosen as a part of the service, whether burial or cremation is preferred, and so on. Hills Family Funerals will give you a written quote before you finalise your prepaid funeral.

Hills Family Funerals prepaid funeral contracts are provided through Australian Funeral Plan.

Hills Family funerals will guide you through the process of choosing the right funeral for you, then submit the prepaid funeral contract to Australian Funeral Plan. Once payment is made to Australian Funeral Plan, the funeral funds are held in trust until the time of the funeral, at which time they are paid out to the funeral home to meet the funeral expenses.