Funeral Plans

Using Funeral Arrangements to get pricing and quotes when Funeral Planning.
Home»Funeral Plans

What is a Funeral Plan?

A Funeral Plan is generally an agreement between a party and their chosen funeral director aimed at having funeral costs covered in the event of death. These agreements may have a weekly or monthly payment, which is made over a period of years to create a fund that will be used to pay for the funeral.

Funeral Plans involve the planning of the funeral details and requirement - so a total cost can be guaged and used as the basis of the plan. Once the planning has been done, the agreement will be drafted and perused by both parties. Once both parties are satisfied with the agreement and sign the appropriate documentation, the funeral plan will commence.

What kind of funeral plans are available?

Depending on your needs, there are a number of funeral plan options available to Australian residents. These plans can also be tailored to suit individual circumstances - such as financial restraints and cultural requirements.

The most common funeral plan is small weekly contributions to a fund held by the chosen funeral director or a third party. Other options include lump sum deposits and even pre-tax payments. It is important to speak with an accountant or tax advisor before proceeding for tax benefits.

What are funeral plan obligations?

Assuming an agreement is signed between a party and the chosen funeral director or third party, the obligations are outlined in the terms of the agreement. These usually include when payments must be made and the term of payments in a payment schedule. Each party is also required to keep the other party or parties informed of any changes, such as contact details.

The Funeral Planning free estimate service is offered to Australians nationwide including Brisbane, Sydney, Melbourne, Gold Coast, Darwin, Perth, Hobart and Canberra. Funeral Arrangements can be made online by requesting free funeral quotes or price estimates on the cost of a funeral from funeral directors.