It’s hard enough to think about death without having to consider the financial realities that go along with it. Making the right decisions about funeral and memorial expenses can be especially tough when you’re grieving the loss of a loved one. But, as thousands of Canadian families have already discovered, there’s a way around that.
Funerals and cemetery services cost money—that’s unavoidable—but if you’re smart, you can cut those costs and protect your family for that day when you have to leave them. With well-informed estate planning, you could save thousands of dollars and spare your spouse and children from a heavy financial and emotional burden.
Over the years my parents have attended many funerals. Dealing with these losses can take a toll, as often the people they lose are part of their support system. As adult children, we can support our parents through this process, even though death is something that makes many people uncomfortable.