Making financial choices after the death of a loved one is dangerous.
You will die.
Your loved ones will mourn.
It is part of being human.
This is a hard reality to face, but a reality nevertheless.
According to a recent AZ Central article titled “Why this group wants you to know the cost to bury your loved one,” you need to think about it.
Funeral expenses.
When you die, these decisions must be made quickly.
Again, your loved ones will be mourning.
The last thing on their minds will be the costs.
And, yes, funerals can be expensive.
The prices can also vary greatly.
Unfortunately, only one in six funeral homes posts a full price list on its website.
No surprise, but those funeral homes with online prices are often less expensive than others.
Many consumer groups are advocating to make it a requirement to post prices online.
Since this information is not universally available to consumers, it will take more planning and education on your part to make wise financial funeral decisions.
How can you get this information?
You can schedule a visit, make phone call inquires, or request price lists by mail.
To help your family, you should start now.
An experienced estate planning attorney can help you sort through the noise, too.
While you are at it, download our My Last Wishes form to record your personal and family information for an obituary, indicate whether you want burial or cremation, as well as provide other important details associated with your final farewall.
Remember: “An ounce of prevention is worth a pound of cure.” When making your financial, tax and estate plans, do not go it alone. Be sure to engage competent professional counsel.
Reference: AZ Central (February 4, 2018) “Why this group wants you to know the cost to bury your loved one”
Comments