What is a Trust Fund?
A Trust Fund is an investment managed on behalf of someone.
To date, Trusting has been the traditional means of funding prearranged funeral service contracts. GFD was first in Canada to specialize in preplanned prepaid funerals, and looking after these accounts is all we do. Trusting is simple, easy and very straightforward. You pay the Funeral Establishment today’s prearranged contract price which then gets invested in a vehicle that complies with Provincial Legislation at an interest rate that will cover the cost of providing your service at time of need.
Trust Funds are invested into individual accounts in the name of the beneficiary (the person for whom the funeral is for). Each account is CDIC insured to a maximum of $100,000.
Trusting Has Flexible Payment Options: You can make a single payment or take advantage of GFD’s time payment option.
The money you invest for a funeral today is GUARANTEED and PROTECTED thanks to Guaranteed Funeral Deposits of Canada (Fraternal), GFD.
For more detailed information about Prearranged Funeral Trust Funds, please contact your local Funeral Establishment directly. Just click on “Find a Funeral Establishment” to find one nearest you.