That is a good question. Surely, you must have better things to spend your money on!

If you have plenty of money, and close family, you might think they can sort everything out after your day. It is helpful if your family know what you would want, and details may be given in a Will or separate letter of wishes. For most of us, it is not a subject we like to talk about, so it can be overlooked.

Typically, families will consider what parents or those before them did.

Those of us with fewer relatives may be attracted to the idea of organising their funeral now. Questions could arise at the time of death, which are better dealt with now. For example, where should the funeral service be held? Should there be a church service or a service at the crematorium?

Should I be buried or cremated? You may like to know now, what it will all cost.

So how does a pre-paid funeral plan work?

You buy a plan now. Typically, this will be with one of the leading pre-paid funeral plan providers. Some are attached to funeral directors. The cost of such plans ranges from under £2,000 to around £4,000 for a “quality funeral”.

If you are paying cash up front, this is invested in a trust fund until you die.

These trust funds are regulated by trustees who monitor how the fund is doing.

Alternatively, you could also pay monthly premiums for an agreed period. The deal is that your payment will buy the funeral even
if costs have risen since you bought the plan. Most plans are clearly worded what is included and what isn’t. On your death the
pre-paid funeral plan company instruct a local funeral director to carry out the funeral as you wished. Most companies will allow you
to choose a funeral director if you want to.

Typically, the funeral plan will not cover additional items such as a headstone or a funeral tea after the service, or a notice in
a local paper. However, it should provide for the major costs of the funeral and cremation or burial. Perhaps what is helpful, is that it gets people thinking about what they would like, beforehand. If there are unusual wishes, questions can be dealt with while they are alive and well.

Kendal Wills deal with several leading pre-paid funeral plan companies.