The cost of funerals have increased by 90% since 2004 and are predicted to double again over the next few years.
A Funeral Pre-Payment Plan allows you to cover the cost of your funeral now. Perhaps perceived as a morbid topic but there’s nothing wrong with thinking about this sooner rather than later. In fact, it’s then one less thing for your family to consider at an already difficult time. It will give you peace of mind in knowing they’ll be spared the financial burden, if not the emotional.
It’s important to let people know your wishes and to be organised in advance, saving your loved ones time, money and unnecessary worry.
A Testimonial from one of our clients
Mr. Bristol – Funeral Pre-Payment Plan
Mr. Bristol’s wife had dementia and he was looking after her whilst being very poorly himself. Mr. Bristol took out two funeral plans, one for himself and one for his wife. Unfortunately, Mr. Bristol passed away six months later and his wife was placed into a care home. The council would have taken the whole house to pay for his wife’s care home fees but because of the trust put into place by Mr. Bristol before he died, it saved his half of the house being taken and was instead passed onto his two daughters.
Both of Mr. Bristol’s daughters were on benefits at the time they received their inheritance, but because the inheritance was left in a trust they did not lose them and still inherited his half of the house, which was £60k between them.
His daughters also had his funeral paid for along with all his last wishes for them to follow which helped to make it easier for them in such a difficult time.
“Thanks Steve for saving our inheritance off Dad, though we were too late to protect Mom’s. Making his funeral arrangement was so much easier for us…. What he paid was much less than any quote we’d had.”