New York State Funeral Directors Association

Pre-planning and Pre-funding Funerals

Many people choose not only to pre-plan a funeral, but to pre-fund it as well, either by paying the full amount or by arranging a payment plan with the funeral home.

Why Pre-plan?

Pre-planning a funeral is undoubtedly one of the biggest and most important decisions you will make in your lifetime. Funerals do not have to be organized in a hurry by grieving relatives when emotions are high. They can be planned in advance, leaving family and friends time to comfort one another.

Many people think of funeral planning as part of their estate planning

Benefits of pre-planning:

  • Have the opportunity to make personal and specific selections for the funeral service that most closely meets your preferences and reflect your life’s story.
  • Prevent your loved ones from second-guessing your wishes after you die.
  • Take the time to research funeral homes, burial options, and financial considerations.
  • Consider the option to set aside funds for final expenses, relieving family members of an unexpected financial burden.

Why Pre-fund?

Benefits of prefunding a funeral:

  • Place the cost of the funeral (at today's prices) in an investment vehicle that will earn interest to keep pace with inflation to cover the cost of the funeral (at future prices) when the death occurs.
  • Prevent life insurance policies from being depleted at the time of death.
  • Consider options at your own pace to make sound, fiscally-responsible decisions.
  • Spare your loved ones the unexpected cost of a funeral during a highly emotional time.
  • Medicaid/SSI recipients may set aside money to fund the funeral service of their choice as part of the “spend-down” process to meet eligibility limits.


Hear Why People Decided to Pre-Plan their Memorial Services


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