Dear Maddy,
My wife and I are thinking about buying pre-need funerals and burial plots because of the savings involved. The problem is we don't know if we'll stay in our hometown. Our children have all moved to other parts of the country. And we might decide to retire to a warmer climate. What should we do?
Signed, Contemplating Pre-Need
Dear Contemplating Pre-Need,
The good news on pre-needs is that policy transfers from one state to another state are becoming more accessible. Be sure to check with your funeral home, insurance agent, and/or your state's funeral directors association for assurance and any loopholes as the laws are state-specific. Pre-Need can be a great way to lock in prices now for services, caskets, and burial plots... just make sure that your policy allows for changes you may or may not anticipate.
To Life, Maddy Banks
Grief Etiquette to the Rescue!