Funeral funds are basically savings plans where people put aside money in a lump sum or payments of small amounts regularly, so as to reduce the cost of their funeral. The result is a more affordable funeral when the need finally arises and, for some, the reduction in their assessable assets is an advantage. Involvement is entirely a matter of choice. If you decide to make financial arrangements for your funeral in advance, K.M. Smith can help facilitate this through an established, reputable Australian funeral fund operator. Contact us for more details.
NOTE: Funeral funds are not the same thing as some of the funeral insurance policies that you may see advertised on TV.