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Planning Your Funeral – A Guide for You to Use

By planning your funeral arrangements, you reduce the stress on your family at a very busy and emotional time for them.  Please consider using my guide below.  By prearranging your funeral, you can also control the cost.  Your loved ones will only want the best for you, which can be very expensive.  This is an opportunity for you to keep the cost within reason.

In addition, if you are concerned about costs, you should consider prepaying also.  When you prepay, the money is placed in trust in accordance with provincial legislation.  Check your local rules – in Prince Edward Island, the money must be placed in trust by the funeral home within 30 days of receipt, segregating it from the money used by the home to run their business.  During that first 30 days, it is also protected from creditors, as set out in the government brochure available on this web site http://www.gov.pe.ca/photos/original/prearranged.pdf.

Compassionate and experienced personnel at your chosen funeral home can help you with your planning.  However, if you wish to do some preplanning on your own, I have prepared this guide to help you, which you should then review with the director of your preferred funeral home.  Also, keep in mind that your wishes should be flexible because circumstances change, and certain options may not be practical or available at the time of your death.

Click on the following PDF file which you can print and complete; you can also open it, complete it within the PDF file and save it on your computer.

Funeral Planner Fillable 20151024 – PDF File

To read the PDF file, you may need to download Adobe Reader


Blair Corkum, CPA, CA, R.F.P., CFP, CFDS, CLU, CHS holds his Chartered Professional Accountant, Chartered Accountant, Registered Financial Planner, Chartered Financial Divorce Specialist as well as several other financial planning related designations. Blair offers hourly based fee-only personal financial planning, holds no investment or insurance licenses, and receives no commissions or referral fees. This publication should not be construed as legal or investment advice. It is neither a definitive analysis of the law nor a substitute for professional advice which you should obtain before acting on information in this article. Information may change as a result of legislation or regulations issued after this article was written.©Blair Corkum