Why Plan Ahead
There’s a lot that goes into planning a funeral, but making those arrangements beforehand gives you time to consider all of your options and make sure that you’re covering all of the necessary details. Still feeling unsure? Here are some of the most important reasons why planning ahead may be the best option.
It's Easy
After a death in the family, many people understand how much easier it would have been if the arrangements had been spelt out in advance. At Nelson Bros, individuals can pre-plan their funeral so they don't leave their families wondering.Anyone can create a plan, at any stage in their life, and you always can make changes if you wish.
You Decide
Preplanning lets you create your own unique life remembrance. Including your family in the planning process can help them feel connected to you both in life and in death, knowing that your arrangements reflect your desires.
We all have special wishes as to how we would like to be buried or cremated. Pre-planning your funeral gives you the opportunity to attend to these details confidently, without any unnecessary pressure. Your family will know that your funeral will truly reflect the way you would like to be remembered.
Relieve Your Family’s Burden
Preplanning relieves your family of that emotional and financial burden and gives them more time and energy to focus on healing and remembrance at the time of death.
With so many decisions to be made, it makes sense to make these decisions in a relaxed environment, through a plan which your family will appreciate.
You Can Prepay
When you pre-pay your funeral, you purchase your funeral service at today's prices with the funeral director of your choice. You and your funeral director will determine your funeral requirements, which will then be formally documented in a contract. This can relieve an enormous amount of emotional and financial strain from your family.
Planning your funeral can simply begin with a discussion with your family about the various arrangements you may require. A sensible time for this is when you are determining your Will. Through an honest discussion, you can ensure that yours and your family’s wishes are considered. Your family will also be aware of what is required of them when the time comes.
With Nelson Bros, your pre-paid funeral monies are invested in your name with KeyInvest. KeyInvest is a member owned mutual Friendly Society regulated by the Australian Prudential Regulation Authority (APRA). It merged with Australian Friendly Society Limited in 2022 and, like Nelson Bros, has been caring for the needs of Australians for over 150 years.
KeyInvest's website
Financial Benefits
It makes a lot of sense to purchase your funeral at today's prices, when you consider the long term effects inflation can have on the price of so many goods and services.
Your pre-paid funeral is also exempt under both the Social Security Pensions' Assets and Income Test, and exempt under the extended deeming provisions. This can provide many pensioners with an opportunity to maximise their pension entitlement.
What If I Move?
Because your funeral bond is with KeyInvest, the money in the bond can be used for funeral services with any funeral home in Australia. The fixed price contract with Nelson Bros however will not apply to the other funeral homes, so you may need to pay extra to have the same funeral.
Where Do I Start?
First, Have the Talk of A Lifetime with your family and friends to determine what is important to them and to you. Next, you can check out our preplanning checklist to help you consider all your possibilities.
You can then schedule a time to meet with our professional staff to discuss your options and make a plan. If you wish,before you meet with us, you can preplan online using our form help start the process.
Questions about Prepaid Funerals
Australians have been pre-paying their funerals with Nelson Bros since the 1930s. Today prepaying your funeral has become a very important part of retirement planning.
Frequently Asked Questions
You will also receive a copy of your Certificate of Membership confirming the registration of your policy.
Consumer Affairs
Access Consumer Affairs Victoria's overview on pre-paid funerals.