Why Should You Consider A Funeral Plan?

Let's face it - you really don't want to be thinking about your own funeral, let alone planning it. However, whilst it's not the most pleasant event to plan for, there are a lot of advantages to doing so.

As expected, the death of a loved one is such a difficult time to go through. Whilst in the midst of grieving you are expected to sort out their financial affairs and file lots of paperwork. If your loved one has already arranged and paid for a funeral plan, this relieves a huge emotional strain and it’s one less thing to stress about. It means you don't have to worry about making arrangements or organising a ceremony. All you need to do is get in touch with the named funeral director who has the details of their wishes, and they will arrange everything.

Cost


Funerals can add up to be very costly, and your loved ones may end up struggling to cover the cost, or having to pay for it with their inheritance. With a prepaid funeral plan, your family doesn't have to worry about the expenses. Another benefit of a funeral plan is that you can secure the price of your funeral and avoid any inflation meaning you can keep the costs down. You can plan everything and relax knowing that it's all taken care of. It's especially helpful to have a funeral plan if you know that you don't want a traditional funeral. Many people prefer to organise it in advance so that they can ensure their exact wishes are followed, and that they can secure specific details such as the funeral provider.

Payments


You can set up monthly payments for your funeral plan if you cannot afford to buy it outright. By spreading out the costs you will have more disposable income and can simply add it on to your list of monthly outgoings. However, some people do prefer to make a lump-sum payment which typically works out cheaper in the end. It all depends on what course of action is right for you.


Get in Touch

At Kindred Estate Planning we can help arrange and provide guidance concerning funeral plans. If you wish to discuss plans with us, please get in touch today.