Extortionate Funeral Costs – Don’t Burden your Family with Debt
In 2016, in one of the richest countries in the world, we are struggling with funeral poverty.
Articles (see below) produced by the BBC and by Daily Mirror Online share the shocking stories of those who have been unable to bury their loved ones because they have been unable to scrape together sufficient funds. The articles also identify the plight of families who have to resort to using loan sharks to pay funeral director’s fees.
A recent report published by the Work and Pensions Committee said that the average funeral cost in the UK is now £3700 with fees rising rapidly. Over the last 10 years, funeral costs have increased by a whopping 80%.
The Final Thing You Can Do for Them
At The Will Associates, we speak to people every day about death and dying. Many people tell us that they consider a funeral to be the final loving act one can do for others. Sometimes people tell us that their children have said they want to take care of the funeral when the time comes and their parents shouldn’t even think about it. What they haven’t considered however is that:
· with funeral costs rising so quickly, waiting until you die before paying for your funeral is not a wise choice. Paying funeral costs ahead of time will potentially save your family hundreds or thousands of pounds. This is, therefore, a sound financial investment.
· their children may not have ready access to over £3700 – the cost of an average funeral today. If they do not have this, where will they borrow it from and at what cost?
· when the time comes and a parent dies, often those left behind are not in the right frame of mind to be making important decisions and they are unlikely to be querying costs with the funeral director. This puts them in a vulnerable position. Many individuals we speak to who have experience of planning a funeral report that they felt unable to opt for lower cost items with the funeral director for fear that other family members would judge them negatively.
· if you have not properly discussed dying with your family when the time comes they may disagree among themselves about what you would have wanted. This creates conflict at a time when unity is so important.
A pre-paid funeral plan avoids these pitfalls, it removes the financial burden from those you love, ensures the major decisions have already been made and allows your family to focus on the important business of grieving.
Speak to one of our Consultants Today
As every situation is different, at The Will Associates we have fully trained consultants across the country visiting clients in the comfort and privacy of their own home. Your local Consultant will take the time to fully understand your situation before making any recommendations as to how best to meet your needs. With ourselves, you can be assured of a highly professional and personalised service from start to finish.
To gain a better understanding of your areas of vulnerability and what you can do to protect yourself and your loved ones, call us today to put your mind at rest on 0800 847 7050.