No one likes to think about death, let alone plan for it. However, more and more people prearrange and pre-fund their funerals as a part of their regular estate planning.

Pre-planning can help with your own peace of mind and relieve the future burden on loved ones. While there are a number of advantages to preplanning and pre-funding funeral expenses, the primary advantage is that it provides individuals the opportunity to make personal decisions for the funeral that best meets their needs. For many it is comforting to know all of the arrangements have been made reducing the burden on family members at one of the most difficult time of their lives.

Pre-planning your funeral can be very informal, and as simple as jotting down your preferences or sharing your wishes with a family member. More formal arrangements in the form of a preneed contract can be set up and can be pre-funded through life insurance, bank trust agreement, or other methods.

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