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Originally Posted by jayerose
Good idea or not?
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Initially we were going to do that but recently changed our minds. What happens to the interest on the money you tie up in the contract? Better to put any details in your estate planning & put aside $ yourself, from your estate, for the Big Day.
My uncle & his wife passed away within months of each other at 98 & 99. The cremation place had quite a lot of money from them by then, since they had signed up for the service decades ago. Long story short, they overpaid significantly for the service.