![]() ![]() If you feel there are sufficient funds in your property, you may prefer your funeral costs to be paid for out of your estate. Also, the interest rates on savings accounts are low compared to how much funeral costs have risen, so you would need to keep your pot of cash topped up. Using an ISA or saving money on a monthly basis to pay for a funeral is an option, however you may need to be disciplined as there is always the risk you spend the money on other things. The following information explains how each option can make paying for your funeral in advance simple, straightforward and stress-free. There are several ways this can be achieved with savings, a prepaid funeral plan, funeral cover or over 50 life insurance. Arranging and paying for your funeral in advance could remove some of this burden, making life that bit easier. Paying for a funeral can be expensive and may cause some families financial hardship. Whether it is best to pay for your funeral in advance will depend on your personal circumstances. ![]() Is it best to pay for your funeral in advance?
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