Can you afford to die?

Although not traditionally associated with jollity, for those who like to have the last laugh, a funeral may offer the perfect opportunity.



It’s becoming increasingly popular to use humour during services to reflect the personality of the individual being celebrated. A survey by Co-op Funeralcare on the music people would like at their final goodbye found Another One Bites the Dust by Queen, Going Underground by the Jam and Highway to Hell by ACDC were among the chosen tunes.

After the music’s faded, gravestones offer another opportunity to raise a smile long after you’ve gone. One of the most famous examples of a humorous epitaph is Spike Milligan’s ‘I told you I was ill’. Meanwhile, Mel Blanc - the man behind the voices of Bugs Bunny, Daffy Duck, Porky Pig and many others – opted for the famous Looney Tunes sign-off ‘That’s all folks!’ In a similar vein, gameshow host Merv Griffin, who presented Wheel of Fortune in the USA, went with ‘I will not be right back after this message’.

A funeral that captures the essence of the person being remembered can provide some level of comfort to loved ones during an incredibly difficult time. Another way to make things as easy as possible is to have your financial affairs in order.

Funeral planning

Whole of life plans

Create or review your will

Accounts, bills and policies

Paying for your funeral and other expenses

Dying is costly! According to the SunLife (2024) Cost of Dying Report, you’re looking at an average bill of £9,658. This includes:

• £4,141 – the average cost of a basic funeral
• £2,768 – the average amount spent on extras such as the memorial, death and funeral notices, flowers, order of service sheets, limousines, venue and wake
• £2,749 – the average amount spent on legal professionals
• A pre-paid funeral plan allows you to set aside money to pay for your funeral. These plans were regulated on 29 July 2022. If you are considering buying a funeral plan you should always check the Financial Services Register before engaging with a company or appointed representatives.

If you’d like more information on estate planning, we’re here to help.

Key Takeaways:

• A whole of life plan can provide your loved ones with a lump sum payment on your death.
• An up-to-date, valid will helps to ensure your property, money and possessions are distributed according to your wishes after you die.
• Keep an up-to-date list of your financial assets and debts to help loved ones in the event of your death.

If you would like to find out more, please get in touch with one of our advisers.

Will writing is not part of The Openwork Partnership offering and is offered in our own right. The Openwork Partnership accept no responsibility for this aspect of our business. Wills are not regulated by the Financial Conduct Authority.

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