Few people want to think about their own funeral. However, taking the time and effort to pre-plan your funeral offers a number of benefits. You don't have to worry about the money you pay a funeral home not being there when you need it. All 50 states, including Ohio and Connecticut, require that funeral homes keep your money in an insurance, trust or escrow account until you die. In addition, most funeral homes allow you to transfer your arrangements to another home should you move to another part of the country.
Benefits to pre-planning your funeral
1. It saves money. Planning and pre-paying for your funeral now allows you to pay today's costs and get tomorrow's product, saving you any price increases between now and when you die. If you're 50 or 60 years old, that could be 20, 30 or even 40 years from now. While paying for your pre-planned funeral isn't required, such a move can save you a significant amount of money. You don't necessarily have to pay for your arrangements in cash. You can generally fund them with a life insurance policy or by setting up a revocable trust account.
2. It makes your funeral easier on your friends and family. Making funeral arrangements can be stressful for family and friends. Saving them from having to make all of the decisions about your funeral can make the grieving process less traumatic. In addition, family members don't have to worry about having the necessary funds available to pay for the funeral. Remember that when you die, your bank accounts and other assets can be frozen until your will is probated.
3. You know that your final wishes will be honored. When you take the time to set up all of the details of your funeral, from the music to your clothes to the flowers, you know that the service and the event will be just as you envisioned it. You don't have to worry about your family not understanding or honoring what you want to have happen.
4. You'll have peace of mind. No one wants to leave loose ends when they die. By pre-planning your funeral arrangements, you can relax in the knowledge that all of your final arrangements are taken care of.
Although pre-planning your funeral isn't the right choice for everyone, such a move can not only save you and your heirs money, but also it can make your final arrangements a lot easier for your friends and family who are left behind. It's a move worth considering. For more information, contact a business such as Foran Funeral Home.