If you are single and you worry about your kids having to deal with the expenses of your death, it's best to prearrange all of the details. You don't have to plan anything elaborate, and you can make things very simple and easy if you want. When you plan out all the details before the event happens, you get a say in what is done, and you can budget for it with your savings or a life insurance plan. Here are some of the things you should think about if you want to keep costs down.
Don't Do a Funeral
If you don't want everyone to come look at your body when you die and you don't want people sulking around or talking about you near your dead body while they look at pictures of you, you don't have to do a funeral. Instead, just have a brief memorial or suggest that someone has a party in your honor. This saves you the cost of flowers, time at the funeral home, programs, and more.
Have your body cremated and ask that something respectful be done with the ashes. Your children may want to keep them in an urn. If you get cremated, you can skip these costs:
- Cemetery plot
These are just a few of the things you won't have to pay for, along with picking out clothes and jewelry to wear in your final resting place. Have it written in a will you want to be cremated and what you want done with the ashes. For more information, contact a cremation service like Delaware Valley Cremation Center.
Skip the Paper Announcement
Don't run the news in the paper. If you don't want to blast the news through the local town, or if you think that the news can just be shared by word of mouth or social media, you can skip announcing your death in the local newspapers. This will save you a lot of money.
There are a lot of different things that you'll have to take into consideration when you set a budget for a funeral and final expenses, but these are all ways that you can save a substantial amount of money. If you want to leave more money to your kids, instead of wasting it on a celebration of your life that you won't be there to enjoy with them, then make sure you have it all notarized and documented in advance.