Are you looking to preplan your funeral or cremation so that your loved ones don’t have to after you’re gone? That’s a noble gesture – one that your family members will appreciate. But what if your financial means don’t necessarily equal your best intentions? Your first order of business is to contact a funeral home in Donelson, TN to set up a no-obligation consultation. You can work with a funeral director to preplan a funeral service or cremation, and you can also get recommendations on how to go about paying for the final services you choose.
If you’d like some help figuring out how exactly to food the bill for your final services, here are 3 recommendations you ought to consider.
- ChoosingCremation will Drive Down Cost
You probably already know that cremation is usually a cheaper body disposition option compared to a funeral service. So if your plan is to prearrange something that is affordable, you should give serious consideration to cremation. Remember that the actual cost will also depend on the different options you choose. But if you select cremation and are careful about the extra options you select, you can organize a body disposition that will be relatively low-cost. This means you can then work with a funeral director to preplan and prepay, or you can preplan and then simply allocate funds from your estate to cover the expenses when the time comes.
If you have an insurance policy, great. You can ensure that your loved ones know that some of the money intended for beneficiaries must be used to pay for your final services. Talk to your insurer to express your wishes so that the two of you can determine if you have the right insurance type in terms of amount and coverage. The great thing about getting an insurance policy is that it can be an affordable way to save towards your final services and to take care of your family and friends. If you don’t have an insurance policy, however, you should consider getting one.
- Joint Bank Account
Do you have a bank account that you can use to save money for final services? Of course, you’ll want to let at least one family member know about the account so that they can access it to either pay for the final services in total or to pay for a significant chunk of it, with your loved ones picking up the remainder of the bill. Make sure that the account you choose is a joint account, and be sure that the name of the person who will have access to your account is added to the account.
Are you interested in speaking to a funeral director about final services? Get in touch with us at Ellis Funeral Home & Cremation Service, a premier Donelson, TN funeral home. We have professional, compassionate, and caring staff members who would love to assist you. You can get in touch by phone at (615) 255-5412 or in person at 2627 Nolensville Pike Nashville, TN 37211.