PrePlan & NYSFDA: A Powerful Partnership
As members of the New York State Funeral Directors Association, you have exclusive access to PrePlan Funeral Trust. Established in 1988 by association leaders as a dedicated resource for preneed trust support that revolved around funeral service and the strongest consumer protection, PrePlan is the only New York State-based prefunded funeral trust administrator.
Partnership
Together, PrePlan and NYSFDA have partnered to protect and enhance the professional lives of funeral directors working in New York. As a New York State corporation, PrePlan proudly reinvests 100% of our return directly into the Association and its membership programs. Thanks to our reinvestment, NYSFDA members receive valuable benefits:
- the ability to attend the Annual Convention free of charge
- access to complimentary monthly webinars
- governmental affairs outreach
- communication and information sharing through our robust suite of websites, regular email communication, social media platforms and more
- compliance guidance and support
- a propriety software management system built and maintained specifically for trust administration
- state of the art IT security platforms to protect consumer account information
- highly experienced and knowledgeable staff.
Power
Through this 35+ year partnership, NYSFDA and PrePlan have strengthened the funeral services industry in New York State. Through NYSFDA, member funeral homes come together as a collective voice, not only providing the gold standard for preneed across the nation but also bolstering the industry as a whole. Plus, thanks to the association’s professional relationships with industry stakeholders, we’re able to help shape regulations, introduce and support beneficial legislation designed to maintain, advance and further protect the industry and families you serve while opposing detrimental legislation. With this pulse on legislation and regulation affecting the industry, PrePlan shares compliance and regulatory updates and legislative news in real time – ensuring your funeral services business is wholly protected.
Protection
We say it all the time but it’s worth repeating; ensuring the safety, security and compliance of consumers’ funds has been and continues to be our top priority. Here’s how we protect member funeral firms and their families’ assets:
- Funds are 100% government-backed and we consider each investment decision carefully
- Quarterly audits conducted by an independent firm ensure all investments are fully secure and compliant, checks and balances are in place, and all legal requirements are met
- Knowledgeable and experienced staff well-versed in New York State preneed law and Medicaid/SSI compliance issues
We are committed to doing it right, so you don’t have to worry. The Gold Standard. That’s our promise to you.
