A funeral trust is an arrangement entered into with a provider of funeral or burial services. Prepaying funeral expenses may allow you to "lock in" costs for future funeral or burial services at an agreed-upon price. The funeral home sometimes serves as trustee (manager of trust assets), and you usually fund the trust with cash, bonds, or life insurance.
The costs of long-term care can be overwhelming, potentially exhausting retirement income and savings. You may be thinking about buying long-term care insurance (LTCI) to help cover some of the potential costs of long-term care, but LTCI can be expensive, and if you do buy the coverage, you probably hope you never have to use it.
June 5, 2017–U.S. stocks rallied Friday, finishing a holiday-shortened trading week with all three major domestic equity indices reaching new all-time highs on June 1 and 2. Yet the U.S. dollar weakened and Treasury securities advanced along with gold after the May jobs report disappointed, showing the economy added just 138,000 new jobs, missing forecasts for 180,000.