What are the benefits of planning ahead?
• Reducing the emotional and logistical burden of the family, who otherwise, would have to make so many decisions in a short period of time, while sad, upset and under great emotional stress. • Research shows that people spend less on funerals when they pre-plan • Pre-paying can eliminate the financial burden to your family, who may not be prepared for this expense • Revenue Canada has passed special regulations which allow prepaid funeral deposits to accumulate tax free interest • Insurance funded options, available through the funeral home, can result in a discount or offer other benefits such as immediate full coverage once monthly payments have begun • Prepaid funeral contracts can be cancelled at any time, and the principal and interest are refunded less a small administrative fee • Prepaid funeral funds are protected four different ways so there is no risk • Funeral decisions made in advance, at a time when everyone is calm and in good health, are more likely to be rational and c
