When someone dies, a family may hold a funeral in that person’s honor. What’s involved in planning a funeral and how much does a funeral cost? What are the next steps a family should take after a funeral? Learn about the personal finance and law aspects of funerals here. We also offer resources you can use to plan a funeral.
Is a quit claim deed valid when the signatory is deceased prior to the quit claim deed's execution? Can the notary who approved the signature on the quit claim deed be held accountable? Notaries' role in the quit claim deed process is crucial and it depends on state law.
When you're planning your estate there's lots of factors to consider and federal tax law tends to change annually so it's important to be aware of what limits apply to the years you're interested in. In addition to federal taxes you'll want to take into account state taxes and capital gains taxes. An experienced estate attorney can help you navigate through estate planning regulations to successfully secure your estate.
A traditional, full-service funeral usually includes a viewing or visitation and formal funeral service, use of a hearse to transport the body to the funeral site and cemetery, and burial, entombment or cremation of the remains.
There are several costs involved to funeral and burial services. Funeral and burial costs include fees for the funeral director and staff, costs for items needed for burial, and money given to vendors for optional services. Funeral and burial costs can get expensive especially if you're unprepared for the planning process.
Most states have licensing boards that regulate the funeral industry, where you can get additional help for making funeral arrangements. There are also several professional groups associated with the funeral industry who can help you make funeral arrangements. Some of the funeral industry's largest groups include the National Funeral Directors Assocation and the National Funeral Directors and Morticians Association.
When you're doing estate planning and calculating how much to set aside for the funeral or burial service, you may decide to skip embalming to save money. Learn about the rules that funeral homes must follow concerning embalming and how embalming is not required so you can save some money on funeral costs.
Learn what a direct burial is and what costs you can expect to pay when you choose this option. Direct burial fees depend on the services that the funeral home provides to you.