According to the Money Advice Service, the average cost of a burial is around £4,321 and a cremation comes in at around £3,250, but it can differ significantly depending on a few varying factors, such as location and specific requests, for example.
Without any plans in place, your loved ones will have to find the money to pay for your funeral, and this can place a lot of pressure on an individual after losing someone, particularly if they may struggle to pay it.
If you have a plan in place for your funeral beforehand, however, your loved ones will be able to pay for your funeral without any stress, and they will be left alone to grieve for their loss in peace.
To do this, you should make any personal funeral wishes in your will very clear, including exact details of what money or savings will be used to pay for it.
Life insurance is also a useful safety blanket, which many people purchase in order to help pay towards funeral costs in the event of their death, it is best and most sensible to ensure this is written in trust for the sake of your loved ones.
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