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Is prepaying for a funeral a good idea?

They urge customers to pay for their own funeral in advancein order to spare their survivors the trouble and expense, lock in current prices, or shelter their assets from Medicaid. The truth is that it is usually not wise to pay ahead.

What happens when Tomb contracts expire?

If the lease is not renewed, the plot will be reused. This is again why its important to consider a pre-planning service such as MemorialPlanning.com. To reiterate, all this ultimately depends on the rules and regulations where you live, as well as the cemetery you choose.

What is a burial contract?

A prepaid funeral contract is a legal agreement that says you will pay now for funeral services that will be needed in the future. You can pay with money, insurance, or an investment that you own.

Does owning a cemetery make money?

Cemeteries might also partner with related businesses like flower shops to create a funeral network. Through partnering with businesses in this way, a cemetery can earn a small percentage of those other businesses profits based on how many paying customers the cemetery sends their way.

What is the real purpose of a funeral?

The funeral allows people to remember and honor their loved one in a special way. It serves as a central gathering place for family and friends to give emotional support to one another. It encourages mourners to face the pain of their loss and express their thoughts and feelings.

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