Many times families are left with the difficult decisions of making final arrangements for loved ones. Preplanning your own funeral may feel like a daunting task, but it doesn’t have to be. Preplanning also ensures loved ones can carry out your final wishes with confidence.
Use our DIY Memorial Planner™ to create a Living Life Celebration, while you are still with us. Enjoy time during your final days with family and friends and be an active participant in telling your life story!
Be accountable for your arrangements.
We plan for most important life events and milestones such as weddings, retirement and birth of grandchildren, so why not preplan your final arrangements. Currently about 35% of all funerals are preplanned and the number is growing every year. More and more, families are realizing they don’t want to die unprepared and leave family members with unnecessary emotional and financial pain.
Your family will know what you would have wanted.
Take the guesswork out of funeral arrangements for your family by making your plans known. They will have peace of mind knowing you were remembered and celebrated as you wished.
Critical decisions are less difficult.
It is estimated that as many as 150 decisions and tasks must be completed within the first 24-48 hours after the death of a loved one. Prearranging your services in advance will help lessen the emotional burden for your loved ones.
Create a personalized memorial celebration.
Tell your story exactly as you want to. By selecting your favorite songs, poems and any religious or cultural traditions important to you, your celebration will truly capture your life and legacy.
Control the costs of your services.
Only purchase what you really want and avoid over-spending on unnecessary services or merchandise.
Funding Your Arrangements
Oftentimes people that plan their funeral arrangements in advance, also pre-pay their services. However, you don’t have to pre-fund your funeral in order to plan ahead. Preplanning creates peace of mind for you and your family.
Cash or Check
Simplest and easiest way to fund final arrangements.
Credit card benefits are numerous: ability to make payments over a period of time, quick access to funds and lets you pay upfront while waiting for an insurance payment or transfer of funds to your bank account.
Bank CD’s can be an excellent tool to fund your funeral, however, getting access to funds immediately can be an issue.
Money designated for end of life services placed in any of the above options is an asset. As such, these monies may impact Medicaid eligibility.
Prepaid Funeral Trusts
Trusts can be used to pay for final expenses, including the funding of your final arrangements. Trusts are one of the safest and easiest ways to pay for funeral expenses as funding can be monthly, annually or a one-time-only lump sum payment. Trusts earn interest which can offset an increase in funeral expenses and monies placed in trusts may be excluded as an asset for Medicaid eligibility purposes. Trust proceeds are usually available within 24–72 hours after a death and can be reassigned to another funeral provider should your plans change. Proceeds in excess of funeral costs are paid to the estate of the insured.