Some of your family members may look ahead into the future, realize they are going to pass on, and organize and even pay for their own final services. But not everyone wants to think about their own death or make those kinds of plans. When someone in your family dies and you have to find a way to plan with a Jewish funeral home Edison, NJ, and then pay for the services you plan, it can be hard to get everything in order. Every final service is going to have a cost attached to it and there are a variety of ways you can cover those expenses. Here are a few to consider:
Look At Their Life Insurance
If you are the one making the final service plans, chances are you are also your loved one’s closest relative and you may very well be the beneficiary to their life insurance policy. This policy, which you can access upon their death, might have enough in it to over their funeral services, or there might be more to cover your household costs, too. Either way, take care of your loved one’s needs first and then you can move the rest of the money along and into your family.
Some people are steadfast about saving and put aside a certain amount on a monthly basis. If that sounds like you, you might have a healthy savings account that allows you to get the money you need to cover a loved one’s final services. Savings are often used for emergencies or unexpected expenses, and this is certainly one of those.
Credit Card Charges
You are always going to want to be careful with your credit cards and only charge what you can afford to pay off when the card comes due so you aren’t saddled with high interest and debts. However, if you want to place your loved one’s funeral on a card, and then pay it off with memorial funds that will come in, family help, or life insurance once you get those funds, it can be a good way to start the process and get things moving.
Personal Loans Can Be Used For Anything
Personal loans can be taken out for any reason and you can use them for whatever you need to. If a loved one passes on, and you don’t have the lump sum you need to pay for their services, a personal loan can help you to get the funds you need upfront. You can then pay the loan off on a monthly basis in a way that might be more affordable to you.
Paying for services with a Jewish funeral home Edison, NJ can feel complicated, but the professionals at Mount Sinai Memorial Chapels are here to help you figure out all of the details includes with the service, including what you have to pay and how you might do so. When your loved one passes on, we are here to ensure they get the care they need every step of the way.