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Guide to End of Life Planning – Funeral Planning Sometimes families are not prepared for the death of their loved ones, so they have a difficult time to determine what to do next. Sometimes families are not willing to accept this as a possible outcome, and there are also those who don’t think about planning in advance for this loss, so we end up having no idea where to begin or who we could turn to. One of the greatest gifts you can give your family is properly preparing them for what is inevitable. You might have already planned what to do with your estate once you die, and you have already written your wishes down in a will or trust. In reality, estate planning is not being done by many Americans. If you want to pre-plan your future financial wishes, making a will or trust is the right step in that direction. But this type of planning fails to address your family’s immediate concern when you die. The moment you die without any plans for your funerals there will be pressures put upon those responsible for your final arrangements. Since you are no longer there, you cannot anymore help to alleviate the emotional and financial stresses that your loved ones are going through, but if you plan your funeral wishes, then this will help them a lot.
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An integral part of a sound financial and estate plan is taking care of your funeral services ahead of time. The best way to help your family is to pre-plan your funeral so your family knows what you want as a method of disposition and what type of services you want so that they can properly grieve and recover. It is important to pre-plan your funeral while you thought processes are still calm and clear so that you can make decisions which are extremely important. Your end of life plan will be more rational and logical.
Practical and Helpful Tips: Planning
It is not only planning your funeral arrangement, better yet pre-pay or pre-arrange by taking care of the actual expenses. One of the fastest growing and most appreciated aspects of funeral planning is pre-paying your funeral or cremation. Today, paying your funeral expenses in advance is becoming widely accepted as a solid piece of sound financial and estate plan by many financial professionals, in the same level as pre-planning your funeral. The most common strategies to pre-pay your funeral plan is through your savings and life insurances. You can rely on them and you can use them is your need them. You can also look for other strategies when pre-paying your funeral costs or expenses. A policy specifically designed to cover funeral expenses is funeral insurance. You can include to cover funeral costs and expense like cost of flowers, burial plot, grave market, etc.