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Are Prepaid Funerals the Way to Go?

July 11, 2008 | | Comments 0

funeral limousine dealerMore and more people are planning their funerals in advance these days. With terminal illnesses and people living longer, thinking about one’s own death is more common than it used to be. Many older people are also paying for their funerals in advance to save their loved ones the burden of dealing with it when the time comes. There are also several other advantages to pre-planning your funeral. Following are a few of those benefits.

1. You make your own funeral and burial arrangements. Some people might actually worry about where they’re going to be buried if they leave the decision up to someone else. When you preplan your own funeral, though, you decide everything from the outfit you wear in the casket to the number of funeral cars for the family and which burial plot to spend eternity.

2. Pre-planning your funeral saves money. After paying for your funeral, you could live another 10, 20 or even 30 years. But since you paid in advance, you don’t have to worry about the rising cost of the service or your family paying extra when you pass away. It’s all taken care of the minute you sign your name on the contract. You can also make more rational and logical decisions because you’re not immersed in emotions at the time.

3. Your money is safe and secure. Some states have laws that guarantee that a person’s money for a prepaid funeral is insured. As long as you deal with a reputable funeral home that places your money in a trust, everything should be fine. Be sure to ask for copies of everything and keep them in a safe place for future reference.

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