It’s a topic that intrigues us: how are people coping with funeral costs in a tough economy?
CNN’s Kyra Phillips interviews Josh Slocum of the Funeral Consumers Alliance about the big mark up on casket costs and why embalming is actually optional.
Joshua Slocum, the Executive Director of the Funeral Consumers Alliance, recommend AGAINST prepaying for a funeral for the following reasons:
1. Only a few states have adequate legal protections for prepaid funeral customers.
2. In many states, you can lose a significant portion of what you prepaid if you cancel or transfer your account to another funeral home or cemetery. This means the original funeral home or cemetery gets paid for having provided you with nothing……
Watch the full CNN interview (6:14} on YouTube.