Home Experts Experts Free Quotes Coupons Special Offers Articles Forums Blogs Join Us

hand titleSavism University -> Finance -> Personal Finance
How to save financially on your funeral

Personal Finance Articles


How to Protect your Car
Rowan Webb

Secrets and Lies of the Bailout: One Broker's Story
Matt Taibbi

Care About and Control Your Money: 7 Steps to Success
Betty J. Zak

How to Save Money on Your Reward Credit Card Perks
Melanie Mathis

Can you tell the difference between good and bad debt?
Bogie Boric

View All Personal Finance Articles

Recent Articles


Mason Baxter: Euro Banks to Allocate More Funds to Cover Bad Debt

Sapporo International: Bank of Japan Faces Growing Concern

Building Dreams, One Home at a Time
Real Estate

How to Protect your Car
Personal Finance

Ways to Save for Your Childís College Education
Education Planning

View More Recent Articles

Most Popular Articles


File Taxes for Free Ė Itís Easy as 1-2-3!
Tax Planning

When is the Dog Deductible?
Tax Planning

Health Insurance Explained

Beware of paying for a credit fix: It's a scam
Home Loans

Roth IRA Basics and Benefits
Retirement Planning

View Other Popular Articles

Ask Savism Experts

Lower Your Bills, Establish New Services, Find Service Professionals!


ArtOfSaving Get a free quota


Find an Event

Fairs, Workshops, Seminars...


Write a New ArticleSavism University Article

How to save financially on your funeral

Category: Personal Finance

Itís impossible to take it with you, but shrewdness with cash can make your journey from life to afterlife markedly easier.

Undeniably, contemplating your own demise is an unsettling and occasionally unfathomable prospect, but, like taxes, itís an inevitability we should all be prepared for.

According to the Dying Matters Coalition, the discussion of death and making end of life plans remains unmentionable for many, despite 54 per cent of Brits experiencing bereavement in the last five years.

Given the example set by GPs, however, itís little wonder the public are refusing to open up about death.

A lowly 33 per cent of GPs have actually talked to someone about their own end of life wishes, and only 56 per cent have written a Will. Shockingly, almost half have not registered to become an organ donor.

Itís also been found that 60 per cent of adults have not made a will and 46 per cent have made NO financial provisions for their own death, which is contributing to debt issues as funeral costs continue to rise.

By taking the time to get your affairs in order now, then, it offers unrivalled financial and emotional benefits, and avoids piling the burden on your loved ones when the time comes to deal with your estate.

This is where a probate plan is worth its weight in gold Ö

Explore the financial benefits of a probate plan

After death, the legal process of allocating your cash and other possessions to inheritors is what is known as probate Ė a process that has the potential to be costly and problematic if not conducted properly.

Additionally, if youíre resident in England or Wales, a Grant of Representation will be required ( in Scotland, a Certificate/Letter of Confirmation is needed) to legally entitle one or more folk to deal with your estate by gathering monies, paying any debts and allocating assets.

Importantly, however, if a mistake is made when dealing with creditors, the person allocated to deal with the estate can be held responsible for any financial loss.

To sidestep expensive errors, itís crucial to pay for probate in advance and at a fixed cost, allowing you to get on with the rest of your life.

When you sign up for a probate plan, you can rest assured that a qualified solicitor will be on hand to deal with the appropriate services and offer first-class support to your family members, which negates the need of a bereaved loved one divvying up your estate.

Whatís more, the plan provides comprehensive peace of mind, which allows you to:

- Make savings by simply planning ahead.
- Make future plans confidently.
- Protect loved ones from financial strain.

Quite simply, it pays to plan ahead and the advantages of putting your affairs in order with a probate plan outweigh the fleeting morose thoughts associated with it.

Spread The Word

Rate This Article
RateRateRateRateRate RateRateRateRate RateRateRate RateRate Rate Rate
Comment This Article
Submit Comment
Resources / Become Our Partner
banner banner banner banner banner banner banner
Ask Experts
Savism University
Special Offers
Become a Member
Request Free Quotes
Links - Add Link
Privacy Policy
Business Directory
Blog Directory
Video Directory
National Savings Day
Learn at Lunch
rssfeed RSS Headlines

Add Your Business
Become an Expert
Participate in Discussions
Post New Article
Create a Coupon
Ask a Question
Contact Us
About Us
Site Map
Connect on Twitter
2018 Art Of Saving
Savism, National Savings Day & United We Save are registered trademarks.