Financial Benefits of Pre-Planning Your Funeral

By: David Tindall
Wednesday, January 29, 2020

Most people don’t like to think about death and aren’t comfortable with the idea of planning their own funeral. At Tindall Funeral Home, we encourage you to think beyond this discomfort because pre-planning offers several benefits. It ensures your wishes are followed and the funeral goes smoothly. Pre-planning also offers several financial benefits, including the ones mentioned below:

1. Avoid Inflation

Funeral costs increase by a small margin every year. Arrangements that cost $5,000 a decade ago now cost more than $10,000. When you pre-plan for a funeral, the costs are fixed at the current rate for a specific time. This helps clients save thousands of dollars on funeral costs. If you are worried about expenses or don’t want to burden your family, pre-planning is the best option.

2. No Overspending

Some families overspend on a loved one’s funeral, even if they can’t afford it. That can cause financial problems down the line, especially if they borrow money to arrange for a funeral. You can prevent this overspending by making all arrangements in advance. Your loved ones don’t need to bear the financial burden or feel guilty about not spending enough on funeral arrangements.

3. Payment Plans

Most funeral homes offer payment plans where you can cover the funeral costs in small installments. Instead of spending thousands of dollars at once, you can pay installments of a few hundred every month to cover all expenses. Funeral directors will explain payment plans in detail and offer solutions that work for you. Payment plans vary from one establishment to another so compare the options available before making a decision.

Contact us at Tindall Funeral Home through our online form or call (315) 468-5521 if you want to know about our pre-planning and need advice on different services.

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