As a parent, you will give your children many lovely gifts. A lifetime of presents may include everything from a birthday puppy to a college education, a trip to Disney to relationship advice.
But the next time you want to give your children something special, consider pre-planning your funeral.
There are many benefits to planning in advance. We count down the top six reasons families tell us pre-paid funeral plans are the best gift they ever received from their parents.
6. You get to choose exactly what you want.
Pre-planning your funeral allows you to carefully consider your options and make the choices that ensure that your life is remembered and celebrated the way that you want. Even if you tell your family about your end-of-life wishes, they may not remember or agree. The only way to know for sure that you will get a cremation with a celebration of life by the lake is by planning in advance.
You may not be able to shield your children from the emotionally difficult parts of a passing, but you can help ensure that they don’t have to worry about money at the same time. In the days immediately following your death, your assets may be unavailable and life insurance can take six to eight weeks to pay. Without a prepaid plan in place, your children will be expected to cover all of your funeral expenses before funeral services. Pre-planning—and prepaying—means relief from that burden with monthly funeral payment options.
3. Your family won’t have to face quick decisions.
2. You lock in today’s prices and save money.
One of the more practical benefits of planning your funeral in advance is financial. As the cost of living rises, so do the costs of funerals and burials. When you plan and pay in advance, you essentially lock in a price guarantee. For example, if you plan today and choose a casket that costs $2,000, you will never have to pay more than that for that casket, even if it doubles in price. Paying for things at current prices protects you—and your children—against inflation.
1. Your loved ones can focus on remembering and healing.
Perhaps often forgotten, but the top reason families tell us that prepaid funerals are the best gift they ever received is the emotional value of prepaying for a funeral.
The days immediately following a death are emotionally difficult. Pre-planning your funeral, cremation, or burial, documenting your wishes, and paying for arrangements give your loved ones the time, space and permission they need to grieve without having to make hundreds of funeral decisions. The time they might have spent deciding can be spent with family and friends, remembering a special life and beginning the healing process.
Starting the process is easy.
