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Cremation Costs can vary by Thousands of Dollars-Your Funeral Guy

17 Jan

Cremation costs can vary by thousands of dollars. This is is an important factor when considering funeral costs and cremations costs. We have addressed this subject in several places before,-it is important to address this subject again.

You can view a video on this with more info here.

As with funeral cost, and cremation cost- it is very important to shop around.

The remains were brought to the cremation center at Sunland Memorial Park in Sun City. Dickson was quoted a price of $2,425 for what is called a “direct cremation.”

“I just told ’em I wanted the bare basic just the ashes in a box no services no nothing,” he says.

At the time he thought it seemed like a lot of money for what he was getting. “I thought of it, but I thought what am I going to do, they’ve got the body here.”

Dickson paid the bill. But a few weeks later, an acquaintance of his wife said he had paid for a cremation around the same time and it only cost $600.

Dickson hit the phone and called about five different crematories in the valley — he received quotes of $400 to $2,400 for the same service.

But according to Arizona law, the Sunland Memorial Park did nothing wrong.

“We cannot control the prices. In other words this is free enterprise. A business is able to charge whatever they may want,” says Rudy Thomas, executive director of the Arizona Board of Funeral Directors and Embalmers.

Thomas has heard the complaints before, but the FTC dictates that funeral homes nationwide don’t limit pricing. A consumer must physically be given a guide to funeral information if they are inquiring about services.

via www.myfoxphoenix.com

It is important to note that Sunland Memorial Park is a corporate facility specifically a Service Corporation International facility( NYSE: SCI)

Although this event is not a Service Corporation International Scandal, it does show the high pricing that can occur at an SCI Facility. This is something that the Funeral Consumer must be continually be made aware of.

Many times it is best inorder to save on Funeral Cost To Avoid a Corporate Funeral Home.

Funeral Industry| Funeral News| Funeral Blog by Your Funeral Guy

It is important to remember that the FTC does not regulate Funeral or Cremation Cost.

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Funeral homes selling Preneed As a Good Investment|are lying|Your Funeral Guy

14 Jun

Funeral Homes selling Preened as an investment are lying.  To prepay a funeral today, “LOCKING IN TODAY’S PRICES FOR YOUR FUNERAL TOMORROW” is a lie. The current economic environment in the world makes that statement a falsehood.  No Investment vehicle can be guaranteed that since the Wall Street Crash of September 2008.

Firstly, Prepaid funerals or(preneed) has always been  a purchase of funeral goods and services.In the past and many times the funds are placed by the funeral home, funeral director or insurance company in a special bank account.

Depending on the pre need Contract and state regulations the funds used to purchase sometimes can be placed in an investment vehicle. The Track record of indivudual funeral homes and others doing this though is not good.

When this has happened there are examples of bad outcomes—the local funeral home in the news, funeral associations(example- IFDA Illinois Funeral Directors Association preneed trust ponzi scheme) and funeral insurance companies(-Example-NPS-National Prearranged Services)

Funeral industry|Funeral News Funeral Blog by Your Funeral Guy

Stewart Enterprises Financial Report |more Funeral Industry Decline-Your Funeral Guy

18 Dec

Stewart Enterprises INC has posted a 4th Quarter Revenue decline. Cutting of Salaries and expenses in the fourth quarter enabled the company to show a profit.

Fragile Economy is contributing to a Funeral Industry Decline

Revenues declined to $124.1 million from $130.36 million in the prior year quarter.

via www.rttnews.com

This another indication of funeral industry decline. Salaries and expenses cannot be cut forever. The Traditional Funeral Industry is on the brink.  It is an indication that  consumers are paying less for funerals, an are able to negotiate a  lower cost funeral.

Stewart Enterprises is the second largest funeral corporation in America. It’s financial reports, along with the largest corporation Service Corporation International can be taken as a measurement of the Funeral Industry.

Funeral Industry|Funeral Blog-Your Funeral Guy

Funeral Industry|Funeral Blog by Your Funeral Guy

Washington State Funeral Survey-Your Funeral Guy

28 Oct

iStock_000006074264XSmallThe Peoples Memorial Association has found a great disparity in funeral prices in Washington State. Cremation prices vary by 700% and burial prices vary by 400% according to a recent survey. Shopping around is extremely important if you want to come in under the average cost of a funeral. It is key to a lower cost funeral.

It is my belief that the same situation is true across the country.

The PMA Education Fund conducted a survey of cremation and burial prices at 226 Funeral Homes throughout the state of Washington.  This is the largest funeral home price analysis ever completed in Washington and shows a broad range in prices.  Cremation prices vary by as much as 700% and burial prices over 400% depending upon the choice of funeral home.  The study reinforces the importance of consumers shopping around and planning ahead to assure that they receive the final arrangements that they want at a price they can afford.

via www.peoplesmemorial.org

It is very important to shop around for a funeral to save on cost. The costs vary quite a bit which makes shopping around key.

Funeral industry|Funeral Blog by Your Funeral Guy