When a loved one passes away, the hours, days, and even weeks afterward can pass in a fog marked by heightened emotions. Unfortunately, it is during this time that someone is often required to make detailed and costly funeral and burial arrangements if they were not made ahead of time by the deceased. Not surprisingly, funeral providers sometimes take advantage of surviving loved ones by inflating prices and/or selling services and/or products that are not necessary. In case you find yourself in … [Read more...]
How a Funeral Trust Works
When you contemplate your estate plan you likely focus on how you want your estate distributed after your death and/or on how to ensure that loved ones are provided for in your absence. While these are certainly necessary and common priorities in an estate plan, a comprehensive estate plan will include additional components as well. One of those, funeral planning, may not be something you wish to spend much time thinking about; however, there are several reasons why you should do so nonetheless. … [Read more...]
Funeral Planning: Should It Be Part of Your Estate Plan
Funeral Planning: Should It Be Part of Your Estate Plan from Raymond GermanAlong with ensuring that your wishes will be honored, another reason to plan your own funeral and burial ahead of time is so that you can also arrange for payment of the expenses associated with the service and burial. This eliminates a scenario wherein your grieving loved ones are also scrambling to try and come up with the money necessary to give you the kind of funeral and burial they want for you. Learn more … [Read more...]
