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Can I pre-plan and pre-pay for my funeral and burial expenses?

[vc_row][vc_column][vc_custom_heading source=”post_title” font_container=”tag:h1|text_align:center” use_theme_fonts=”yes”][/vc_column][/vc_row][vc_row][vc_column][vc_video link=”https://www.youtube.com/watch?v=oN63t4TnsLc”][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]You can pre-plan and pre-pay for your funeral expenses. My recommendation is that you consider this as part of your estate plan. A pre-paid funeral plan that’s irrevocable is a good plan for Medicaid planning, but it also reduces the cost of the funeral at the time that you pass. If you pay for it today’s dollars, then when you pass, you’re using today’s dollars for a cost that’s going to be more in the future when you pass away.

The other thing is then, you don’t have to worry about your family making these decisions about what casket, whether you’re going to be cremated, what the process is. Is there dollars available to pay for all of this? That is paid for then in the funeral plan, and your family doesn’t have to worry about getting that paid for first. [/vc_column_text][/vc_column][/vc_row]