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Pre-Paid Funerals
How do you set up a pre-paid funeral? I don't want my family to have to deal with this when I pass away. Who do I talk to to do this? I am afraid that if I did it with the local funeral home and then I passwed away on a trip it wouldn't count and they would still have to pay for my burial. How does this work?
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Prepaid funerals are a good thing. They allow you to pay for your funeral now and the money you pay to day is escrowed until a funeral for you is needed. The interest earned on that money goes against the higher cost of the future funeral costing your relatives nothing. The extra benefit is you chose exactly what you want and your relatives are not left to do when grief stricken an possibly purchase more than what you want.
The one question you asked will have to answered by the Funeral Director at the Funeral Home where you arrange to prepay your funeral. My thought is that if you were to pass away while on vacation there would be an additional cost to have your remains shipped back to the funeral home where you prepaid your funeral. Everything else you prepaid would be covered. It may also be able to have the funds on deposit with the funeral home transferred to wherever you passed away if this is what your family wants to do.
It is not a big problem to have your remains returned to where yo want to be buried on t o where you have made your arrangements. It is done everyday. Depending on where you are the Funeral Home can either send their car for you or they have a funeral director there arrange for a transfer casket and your remains are either flown or put on a train back to where your arrangements have been made.
All this can be explained by the Funeral Director where you decide to make the arrangements.
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Hello,
I've never heard of pre-paid funerals, but there are some more conventional steps you could take:
1. You could open a bank account, and put some money aside in there to help with the funeral. In your will, you can state that this is what you would like the money to be used for.
2. You could take a life insurance policy out. Google some insurers, and ask around. Be sure you're getting a good deal though. There is no point paying in $50 a month if you are very young at the moment, because the payout will probably be much less. This is how they make their money. Be sure to also check the terms and conditions. Many insurers don't pay out if the deceased has committed suicide (which I hope you are not planning on doing, because it is never the answer).
But googling "pre-paid funerals" has seemed to bring up a few results. I'm from the UK, and so if you're from another country, I'm not sure how much what I've found will be useful to you. You could always ring the funeral homes up and ask if you could pop round for a quick chat. Then discuss any issues or questions you have.
Good luck!
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