When a loved one dies, it is a horrible experience. With all the emotions swirling around in your head, the last thing you want to think about is paying for a funeral. However, if you don’t sort out all the formalities soon, they will only escalate in the future. The problem with a funeral, barring the obvious, is the cost. You may not be aware that they do not come cheap, which is not a good thing if you have no cash. The obvious question to ask is: ‘how do I afford a funeral with no money?’ The answer is by following the tips below. Hopefully, they can go some way to making the process that little bit easier.
Get The Insurance To Pick Up The Bill
It is scenarios like this that makes life insurance one of the most important investments in anyone’s life. Not only with life insurance pay out the money you have accrued over the years, but they also pay for funeral costs. To get the insurance to pay out, you need to take out a policy before a person dies, for obvious reasons. So, if you or your loved ones don’t already have a policy, consider purchasing one for the good of the people who are left to pick up the pieces.
Use The Inheritance
The deceased tend to leave money behind for their loved ones to help them in later life. But, before anyone can get their share, you should take out the cost of the funeral first. The funeral is the main priority, so don’t bother about taking enough to cover the costs. In all fairness, most good lawyers will stipulate that before they divvy up the money, so there shouldn’t be a problem.
Buy A Prepaid Funeral
Because more and more people realize the cost of a funeral, prepaid funerals are becoming increasingly popular. To start with, let’s look at what a prepaid funeral is as it must be baffling some readers. In layman’s terms, it is a funeral that you pay for before your death so that you don’t have to worry about the cost afterwards. But, how do prepaid funerals work? They work as a legally binding contract. As a result, whatever you purchase before your death is what you will receive regardless of monetary or tax issues. As you can tell, they are a good way to afford a good service and relieve the stress that comes with a funeral.
Ask The Funeral Director For Help
Funeral directors have seen it all before, so they have all the answers when it comes to paying for a funeral. The majority of them, even though they are a business, are very sensitive to your issue. So, they will gladly come to an arrangement that allows you to have the service you want for the deceased. But, if you don’t ask they won’t know, which is why it is important your pride doesn’t get in the way.
During this difficult time, it is important to know your options to give the deceased the best possible service.