Buying a Burial Plot Is a Grave Decision

Thinking about buying a burial plot can be uncomfortable but making this purchase ahead of time has its advantages, including potentially saving you money.

A funeral
(Image credit: Getty Images)

Grave plots are not the type of real estate anyone wants to check out, much less purchase before they’re needed. But buying a plot ahead of time has its advantages. For one thing, the price is unlikely to fall the longer you wait, and for another, it’s hard to think clearly about these things when they’re most needed, right after you’ve lost someone you love, or your loved ones have lost you.

When you buy a grave plot, you are purchasing the right to designate who can be buried there, rather than the land itself, which remains the cemetery’s property. Your ability to sell or transfer the grave will depend on the cemetery, so before buying a plot, be sure to ask about those rules. You don’t want to be saddled with a plot you can’t unload if you later decide you want to be buried somewhere else.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Ann Marie Maloney
Contributing Author, Kiplinger's Retirement Report