Pre-planning Your Funeral, a Wise Financial Decision

 Some people will avoid this subject like the plague, but planning ahead is often the most financially responsible decision you can make. Many people may think their life insurance policies are enough to cover these final expenses. This is not always the case, and planning ahead spares bereaved families from dealing with minute details.

Life insurance policies rarely pay out in time for families to cover funeral costs. Making funeral arrangements in advance allows families to pay for these services when they can afford them. Sometimes, payment schedules are available for families who are on a budget. When all of these details are discussed ahead of time and everything is planned, there are no surprise expenses. Deaths can occur when families are unprepared, adding on more stress to grieving loved ones. Depending upon how elaborate they are funerals can cost tens of thousands of dollars. Having these arrangements made prior to a death is a great way to spare a family serious financial hardship and unnecessary grief.

Many people may not feel comfortable making these plans ahead of time, but try to keep in mind that getting all of these arrangements planned actually gives families a little peace of mind. Not having to worry about final expenses takes a lot of stress out of families who are already dealing with other difficult situations. Families do not usually have an extra $6000 in the budget when an unexpected death occurs. Paying for these services ahead of time takes this added stress out of an already difficult time.

Pre-planning a funeral also gives people the option to shop around for different rates on cremation services and funeral homes. In many instances, following an unexpected death, families are distraught and unable to make good financial decisions. Having a clear mind to make financial decisions ahead of time saves families money. Most funeral homes even offer specials on paying for services ahead of time. Having a plan in place makes the bereavement process go so much smoother and families can focus on emotionally supporting one another.

Planning ahead of time also gets you what you want out of your own funeral. Often times family members have a difficult time deciding what their loved you would have wanted. Having a plan already in place takes all of the guess work out of the situation. Pre-purchasing funeral services leaves the decisions to the person who is planning the event. Many families will mistakenly pick out the most expensive casket because they are not sure what their deceased loved you would have wanted. Pre-planning can eliminate this type of unnecessary expense. This can save the family a lot of money in the long run.

It’s obvious that most people hate to deal with this subject, but funeral costs are too high to ignore. Making a plan for this expensive service helps to save families hundreds, if not thousands of dollars. Pre-planning ultimately gives you peace of mind. Not worrying about final expenses makes the business of living so much easier. Financially, pre-planning your funeral is an incredibly smart decision. I know we’ve beaten this topic hard enough, but I just can’t say enough that in addition to saving money, this can greatly reduce added stress to a family in mourning.

Pre-planning your own funeral may seem like a morbid task, but there are so many benefits to exploring cremation services and funeral homes before it is too late.