You can't take it with you, but...

We’ve all heard the old saying, “You can’t take it with you.” but when it comes to final arrangements, there are strategies to remain fiscally responsible by saving money and sparing loved ones from unnecessary financial and emotional burdens.

The pre-planning of one’s final arrangements is a wise decision that is becoming increasingly commonplace and highly recommended. Canadians today realize that anything they can do to minimize risk and uncertainty makes good sense in these times, not only for the for peace of mind and freedom that comes with a sound end-of-life plan, but as a prudent financial strategy.

Sure, the idea of pre-planning these arrangements can be easily overlooked or put off, (as nobody wants to think about the inevitable), but a closer look at the facts brings the emotional and financial benefits associated with this practice quickly into focus.

Trevor Tidridge, Manager of Sunset Memorial Gardens explains, “Pre-paying these final expenses with today’s dollars at today’s prices provides true price protection – a hedge against the inevitability of rising costs and inflation. I know of very few things in this world that have actually come down in price over time. Pre-planning is one long term strategy that saves money for those who plan ahead.

It is also worth mentioning that Sunset’s plans are completely guaranteed and protected – and it is comforting for our clients to know that the arrangements are transferrable to any of our Memorial Gardens properties across Canada.”

Most Canadians may not be aware of one key aspect of pre-planning that can be of great importance at the time of need. Those who pre-pay may do so on a convenient and affordable monthly payment over time, which can be tailored for any budget. At the time of need, however, there is no deferred payment plan available. Those who have pre-planned and pre-paid their final arrangements will spare loved ones from the undue stress at this time of emotional upheaval.

Another consideration (which is virtually eliminated by those who have pre-planned) is the possibility that the family may tend to overspend at the time of need. When all arrangements (and payments) have been made well ahead of time, however, the loved one’s wishes have long been considered, and the family is freed of the necessity to make these decisions at a time when they want to honour, remember, and provide a lasting testament to their loved one.

Next issue, we’ll discuss today’s options for memorialization.

Pre-planning specialists Heidi, Richard, Francesco, Jessica, Lynne, or Angie can be reached at 807-344-1004, or online at www.sunsetcemetery.ca