My parents did the funeral prepay thing too. When my mom died last year - after it was all said and done the cost for the funeral had risen substantially, BUT my dad still got a check for well over $8,000 dollars - from the interst that their invested funeral money earned.
So your grandmother's funeral director may be pocketing a big old hunk of cash - from all of his prepaid funeral accounts if he is saying, "well, the cost went up - but I'll consider it fair and square". I would almost think it would be a matter that could be looked into to see the total interest earned...just out of curiosity.
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Today's Featured Article - Seeing an Old Friend - by Joe Evans. Dad had a concrete contracting business starting in 1960. One of his first pieces of equipment was a Ferguson TO-35 with a Davis loader. Dad replaced the TO-35 with a MF 202 Workbull, essentially an industrialized Ferguson 35 I am told. Dad bought the 202 new in 1962, and I recall quite clearly going to the dealer with him to sign for it.
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