At first glance, burial insurance and life insurance are the same thing: it is a payout that goes to your family or beneficiary when you die. Death is an inevitable part of the world we live in, and having an insurance policy in place for when that happens is a smart way to ensure your family has enough money to bury you without dipping into their own pockets. (more…)
Archive for the ‘Estate Planning’ Category
After you’ve decided on a funeral home and are ready to begin the process of planning a funeral, your funeral director will ask you to come into the facilities for a visit. This personal contact with the people in charge of your loved one’s remains is an important step in the grieving process. Not only will you get to benefit from face-to-face interaction, but you’ll also be walked through each decision ahead of you. (more…)
When you search for a cemetery as a final resting ground for you and your family, you are likely to come across the phrase “perpetual care,” “permanent care,” or “endowed care.” Often included as a charge above and beyond the typical cemetery costs, these are included as a way to ensure that the cemetery grounds remain in good care for decades (or even centuries) to come. (more…)
When people purchase cemetery plots, they usually do so in pairs. Because so many spouses wish to be buried together, it makes sense to buy adjoining plots. It doesn’t matter whether you’re buying burial plots in advance, or if one spouse recently passed on and it makes sense to buy both burial spaces now—this is the way the vast majority of Americans approach the burial process.
There is another option, however. Family cemetery plots provide a way for multiple members of a family to be buried in the same place—and usually for a discounted price overall. Because you’re investing in a larger piece of cemetery real estate, you may get a percentage reduction or be able to bury multiple relatives on top of one another. You can also get away with purchasing one large headstone with the family name engraved on it and rely on smaller plaques to identify each individual buried there. (more…)
Even though over 40 percent of Americans opt for cremation over burial, there are still many different kinds of religious, cultural, and personal taboos that make cremation a difficult decision. This is especially true if your family has traditional views regarding funeral planning or has a long history of burial in a particular cemetery.
If you’ve decided on cremation but aren’t quite sure how to tell your family, we suggest you set aside a time to have this important conversation. It’s never a good idea to leave this sort of thing as a surprise, so the sooner you can open up to those you love, the more time you’ll have to enjoy what’s left of your time together.
Once you’ve decided that you’d like to purchase a burial or funeral insurance policy as part of your final plans, the real challenge comes into play. There are countless burial insurance providers out there (which range from funeral homes to traditional insurance companies), and you have options when it comes to choosing the right one. (more…)
Although the option to donate your body to science instead of having it buried or cremated has been around for decades, it’s an option many people have a hard time considering. After all, when your body becomes a learning tool for the next generation of doctors and scientists, you are unable to hold a traditional burial. (more…)
Outside the funeral industry, the terms “casket” and “coffin” are often used interchangeably to describe the vessel in which the deceased is placed before being buried in the ground. Most people recognize both words, and are comfortable using both in situations related to death and burial.
In reality, a casket and a coffin are not the same things. A coffin (a term that has been around since the 1500s) is the traditional burial box we associate with death. Shaped to fit the human body (with six or eight sides, wider at the top for the arms and torso), a coffin is designed to be built fairly cheaply and with a minimum amount ofmaterials. Because many people in history built their own coffins, or hired a coffin maker to do it, the emphasis was on practical burial that didn’t put a strain on family finances. Coffins are almost always made of wood instead of more valuable metals.