Preplanning for the Cost of a Funeral in San Diego
Have you ever thought about pre-planning your funeral? Or the cost of a funeral? Have you started the conversation with the people you love? You may not want to think about it, but death is inevitable.
Talking about death is a tough conversation, and most people avoid it. According to a National Funeral Directors Association survey, only 26 percent of Americans talked to their loved ones about a funeral.
But more and more people are choosing to pre-plan their funeral to save their family stress and financial hardship for when the time comes.
There are so many emotions with planning a funeral. This is why we recommend pre-planning with an expert in San Diego. Read more to learn more about pre-planning your funeral.
What Is a Pre-planned Funeral?
A pre-planned funeral is when you plan for a set of arrangements in advance with a funeral home. You can also choose to pay your funeral costs ahead of time. This can either be paid in advance or by monthly installments paid directly to the funeral home.
Benefits to Pre-planning
With planning a funeral, there are hundreds of decisions to be made. Consider the benefits of pre-planning your funeral and see how it fits in with your situation:
- You can make decisions about your affairs
- You can choose the location and plan your memorial
- Nobody else will have the burden of making these decisions
- You can make sure what you want gets done
- Your family will have a service to attend
The fact is one day, you will die, and someone will have to pay for your funeral expenses. Wouldn’t it be better if that someone were you?
The average funeral costs between $7,000 and $12,000. So plan for it like you would any other large and long-term expense.
Even if you set aside funeral money in your will, your family members won’t get access to it until your estate case churns its way through the court system.
And since most funeral homes require at least all or some of the money upfront, you can unintentionally leave your family in a difficult situation.
Let’s take a look at your options for paying funeral and burial expenses in San Diego:
A Payable-on-Death account is a bank account to set aside funds for your funeral. After you open an account you name a person to access the money when you die. They can get the money pretty easily, just go to the bank and present a death certificate.
Remember, this is not a joint account, and the person you name can’t touch your money until you die. Make sure it is someone you trust and not someone who will take your money and run!
A regular savings account works too, as you can regularly deposit money in it. The downside to this is it has to go through probate when you die, and the money is not immediately available.
You can use your Veteran’s benefits if you served in the military. You may qualify for a Veterans burial allowance which includes burial, funeral, gravesite, and transportation costs. You will still need to pay for the cost of funeral director services.
Check your life insurance policy. There are life insurance policies that will pay a lump sum to a beneficiary when you die. The payment is made immediately after your death, so there are no court process hassles to deal with.
There is also burial insurance available. A funeral service provider usually offers burial insurance that covers death-related expenses. Make sure you know exactly what type of plan you’re signing up for. Some things to check are:
- Read everything before you sign
- If the funeral home closes down
- Get details about the cancellation policy
- Get an itemized list of exactly what the policy covers
- Shop around and compare plan prices
- Don’t make a decision too quickly
- Take a family member with you
You are also taking out a loan from a bank, but this will be in the form of a personal loan.
You can also consider donating your body to a medical school, saving you a ton of money.
Pre-plan Your Memorial Service
If you want a memorial service a certain way, then your best option is to plan it yourself. You can pre-plan the details of this too. Nowadays, you can go online and create a memorial service plan.
Whether you’re a chef or a sports enthusiast, there is sure to be a plan that suits you. Memorial service expenses average between $150-$200.
If you want to keep things easy and cheap, a memorial service is a great way to do that.
What About Cremation?
Times are tough, and many people are choosing cremation to save on costs. The average cost of cremation in the United States ranges between $500-$1500.
In big cities, you can find direct cremation services for as low as $450-$550. So if you opt for cremation and simple memorial service, you will save a lot of money in the end.
Cost of A Funeral
Don’t let the cost of a funeral shy you away from preplanning.
Pre-planning your funeral is a better option than you think. We can guide you through the process to leave better informed and ready to make a better decision.
At La Vista Memorial Park & Mortuary, we run our business based on open communication. We are proud to be family-owned and have been helping families in San Diego since 1868.
La Vista Memorial park will treat you with the warmth and respect you deserve. Contact La Vista Memorial Park today. We are here to help you plan for today or tomorrow in the San Diego area.