Considering prepaying your funeral expenses can be a difficult but important decision, especially after experiencing a loss.
Financial experts suggest that planning for funeral expenses is crucial, just like planning for other significant life milestones, such as buying a house, sending kids to college, or retirement.
Sometimes it takes a loss like this to make us face our own mortality — and the costs that come with it.
To make an informed decision, it's essential to weigh the pros and cons of prepaying your funeral expenses.
Author's summary: Prepaying funeral expenses can be a smart financial move.