Don’t bother with a separate savings account for a funeral
The cost of your funeral can be paid from one of your accounts as banks will normally pay the invoice directly from the deceased account
Distribution of your assets is done after all expenses are paid and that includes IHT if the estate has to pay them
The cost of your funeral can be paid from one of your accounts as banks will normally pay the invoice directly from the deceased account
Distribution of your assets is done after all expenses are paid and that includes IHT if the estate has to pay them

