Funeral Costs - Financial Assistance During Adverse Times
Providing Family And Friends One Less Burden To Carry
What goes into planning a funeral? There can be a lot to consider about this hard subject and we aren’t always prepared for what’s to come. Luckily there are things we can do to plan for our own future arrangements like having a savings fund, utilizing term share certificates, and working with a lawyer for estate planning and developing a will. Prepayment and planning of your funeral can lift much of the financial burden from your family and friends. It also allows you to select the type of funeral arrangements you want. If these safety nets have not been established the cost of planning a funeral can be overwhelming, but our unique, low-rate Family Support Loan can help.
This loan offers lower interest rates than most credit cards which are where these expenses often fall. Having the upfront funding you need to cover expenses, with easy-to-manage expected monthly payments, can be a better choice. It also means one less thing to worry about in an already difficult time.
A First Source Family Support Loan covers standard funeral needs like services, a celebration of life, burial, cremation, casket, and urn. It also covers mailings, bereavement event costs, flowers, and other funeral needs.
The costs of funeral arrangements vary greatly, depending on the funeral home and on the type of service and arrangements you choose. There is a tremendous range in the price of caskets and urns, depending on style and material. Some options like cremation could be less costly, but there are still added expenses to consider, especially if there will be a celebration of life, travel, and in some cases establishing a final resting place like a columbarium.
Even with this information, there are times you simply cannot prepare for. The weight of picking up the pieces during a loss can seem very heavy. Just knowing there is somewhere to turn for help to cover costs means one less burden to carry. In many cases, these costs are not planned for ahead of time and families are left to figure it out on their own. If you find that bereavement expenses have not been accounted for you may want to learn more about and apply for our Family Support Loan here.
The NYS Bureau of Funeral Directing website also offers some helpful information and resources about planning for your future arrangements or what to expect when you are planning for the loss of a loved one.
If you have any questions, we are here to help. Call 315-735-8571 to talk about your options or make an appointment with one of our friendly Member service representatives today.