It’s not exactly the most pleasant topic, but the last thing you want to do is stick your loved ones with a funeral bill when you die. Average funeral costs are in the thousands of dollars. Generally, this is not something you want your grieving family to worry about.
If you’ve thought about planning ahead for such an event, you may have thought that perhaps you should prepay funeral costs so that when the event comes, you’re covered. While you’re taking care of the arrangements, there are a few other items you should consider as well.
A prepaid burial plan isn’t as much a product as it is a preparation strategy. It’s simply taking steps to layout everything connected to your funeral , and prepaying the funeral home. Depending on the wishes of you and your family, costs could include a casket or cremation, the service, the headstone, obituary information, and sometimes even medical care in your final days.