The boat, which has some damage, is to be repaired at Windermere Jetty Museum by boat conservator Stephen Beresford.
Mr Beresford said: “It’s an honour and a privilege to work on a boat with such significance, that matters so much to the people of the Highlands.
“Its form and construction are inextricably linked to its purpose and the stories these features can unfold are quite fascinating.”
Several grants and public donations are paying for the restoration.
The boat is to eventually be a centrepiece exhibit in the folk museum.
Project director David Rounce, said: ‘The funeral boat is our largest object and provides a tangible link with an important local custom, telling an evocative story of clan traditions, social history and local folklore.
“This work will protect the boat for future generations and it’ll be fantastic to see it on display in our redeveloped museum.”