This is simply because you can put up to $10k aside for a pre pay funeral and not be asset tested on any of it! Now that’s clever thinking, your money works even harder for you and your loved ones in the future.
The money you pay for your pre-paid funeral plan is held independently, invested incurring interest that goes to your estate and is safeguarded until it is required.
Of course that’s not all. Pre-planning and paying ensures things are done the way you want. Who wants to leave behind a messy legacy of who pays for what?