Wednesday, September 20, 2017

7 Ways To Save Money When You Die | HuffPost


When I was in the government, I worked on the rule described here that requires disclosure of funeral costs.  Note the main point below -- what you spend on the funeral is not a reflection of your feelings for the person who has died.  Increasingly, families are choosing simple, ecologically friendly funerals with simple, unpolished wood caskets or cremation.
Dying can be an expensive proposition, and when the death of a loved one occurs, nobody is in the mood to go comparison shopping or start hunting down deals. The median cost of a funeral home’s services is $7,180, according to 2015 data from the National Funeral Directors Association. But that’s just the funeral home. 
Add to that cemetery costs, grave-digging and grave markers, and Parting.com says the average funeral in the U.S. can cost more like $10,000. And the Federal Trade Commission says even that may be underestimating things. Sometimes, $10,000 barely covers the cost of a casket alone ― especially if you were thinking mahogany or copper.  But there are ways to save money on your death. And remember, the amount of money someone spends on a funeral bears no correlation to how much the deceased was loved. Practical people die too.


7 Ways To Save Money When You Die | HuffPost

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.