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HOW TO PAY FOR THE FUNERAL EXPENSES

Losing a loved one is a profoundly difficult experience, and managing funeral expenses can add stress during an already emotional time. Please know, there are various options available to help ease the financial strain.

ASSESS AVAILABLE FINANCIAL RESOURCES

The first step in navigating funeral expenses is to assess the available financial resources. This may include:

• Savings or assets held by the deceased
• Life insurance policies that cover funeral costs
• Funeral pre-payment plans arranged by the deceased
• Contributions from family members or friends

If your loved one has savings in a bank account, you may take the invoice to the bank and request they pay the invoice directly.  This can be done before probate of the Will has been granted and will avoid late fees.

FUNERAL GRANT FROM WORK AND INCOME NEW ZEALAND (WINZ)

One avenue of financial assistance in New Zealand is the Funeral Grant provided by Work and Income New Zealand (WINZ). This grant helps cover funeral costs for individuals who meet certain eligibility criteria. The grant amount depends on various factors, including the deceased’s assets, the person’s relationship to the deceased, and whether they receive certain benefits. You can apply for the Funeral Grant through your local WINZ office or online.

FUNERAL INSURANCE POLICIES

If the deceased had a funeral insurance policy in place, it may provide coverage for funeral expenses. Contact the insurance company to initiate the claims process and inquire about the available benefits. Be sure to provide the necessary documentation, such as the death certificate, policy details, and beneficiary information.

PAYMENT PLANS AND FINANCING OPTIONS

Many funeral homes in New Zealand offer payment plans or financing options to help families cover the cost of services. These plans allow you to spread out the expense over time, making it more manageable. Speak with the funeral director about available options and discuss the terms and conditions before making a decision.

BUDGET-FRIENDLY FUNERAL OPTIONS

If financial resources are limited, consider exploring budget-friendly funeral options. This may include choosing cremation instead of a traditional burial, opting for a simpler casket or urn, and minimizing additional services or extras. Discuss your budgetary constraints with the funeral home to explore cost-saving alternatives.

COMMUNICATE AND COORDINATE WITH FAMILY MEMBERS

Finally, it’s essential to communicate openly with family members and coordinate efforts to cover the funeral expenses. Pooling resources and sharing financial responsibilities can help alleviate the burden for everyone involved. Keep lines of communication open and work together to plan a meaningful and respectful farewell for your loved one.

CONCLUSION

While coping with the loss of a loved one is never easy, knowing how to navigate funeral expenses can provide some relief during a challenging time. By exploring the various financial assistance options available and seeking support from family, friends, and community resources, you can ensure that your loved one receives a dignified farewell without placing undue financial strain on yourself or your family. Take things one step at a time, lean on your support network for guidance, and remember that help is available if you need it.