Executor options: A funeral trust allows for any relative, person, entity or funeral home (not just immediate family members) to handle funeral arrangements, if necessary.
A gift to family members: Grieving family members often have difficulty making decisions during such an emotional time. Having arrangements made is often helpful and appreciated. Not only does it save your family members from mental exhaustion, it can also save money because expenses are pre-paid at the current rate rather than the rate at the time of death.
Reduce financial burden: A funeral trust is a financial gift as well, because it helps family members with unexpected and costly funeral expenses that they may otherwise have had to pay out of pocket. This can give both you and your family members peace of mind, knowing that expenses are pre-paid and arrangements are already planned.