I would rather reduce the excessive costs the system currently imposes. But that is still a work in progress. As long as the excessive costs remain this is one option for those that don’t leave an estate sufficient for covering the costs.
Crowdfunding Funeral Costs for a Loved One
With the average funeral now topping $7,045, according to the National Funeral Directors Association, families often find that saying goodbye to their loved ones comes with a higher price tag than they anticipated.
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GoFundMe is currently hosting more than 8,000 funeral campaigns.
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A crowdfunding campaign can also turn into an online memorial, a place for loved ones to share special memories and connect with others in a shared grief.“The original intent and purpose [of a funeral crowdfunding campaign] is to raise money but, in a dark time, it’s also a place to celebrate a loved one’s life,” says Vargas. “It brings people together from all over the country who can’t make it to the funeral but want to say goodbye.”
I do like the idea of online memorials that let people share their thoughts and feelings.
Sadly our world if full of scammers. I would donate to one of these funds without real world confirmation that it was properly set up. I can certainly imagine criminals will post such things about people that really died and then take the money and run. This is sad, but I feel a likely scenario.
Related: Advice on Shopping for Funeral Services – A Blog Post From a Funeral Director on the Bad Practices in the Funeral Industry