02/04/2026
Should I prepay my funeral?
Prepaying is a personal choice. Prepaid funeral funds go into an account in your name and are held until the time of death. Interest accumulates tax free in your funeral account. This interest goes towards your funeral whenever you die. Regardless of price increases to your arrangements at the time, you will not pay more. If the price increases are greater than the accumulated interest, we cover the difference. If the price increases are less, we return the difference to your estate. The benefits are that you take care of your own funeral, if that's something you are in a position to do. We also offer time payment options from over several months to over ten years, instead of paying all at once
https://www.jamesreidfuneralhome.com/pre-plan/pre-planning-faq