Funeral and Burial Plans
You might as well plan your own party, right? It may not be as fun as picking out the perfect birthday cake or the tux or dress that you’re going to don for a gala, but it’s something that needs to be done. It’s wise to have these prepared beforehand so that your loved ones won’t have to scramble at the very last minute (during what would be an emotional time at that). With those said, scout for funeral homes and cemetery services early as now because you’d most likely have to spend more on these in the future compared to today. And for an extra touch of personalization, opt to pick out your own memorial. This may be the part that you’ll somehow appreciate to an extent since memorials will now be a part of how your loved ones will remember you. Don’t go for the dull or the generic; instead, check out sites with great selections such as Astral Stone.
This category includes documents pertaining to your real estate, assets, investments, bank accounts, and the like. Be sure to place these in a location wherein they could be easily found, or at least let someone you trust know where you keep these. Additionally, furnish your loved ones a list of the people you work with—your lawyer, your financial manager, your accountant, and whoever else you feel needs to be on that list. Doing so could save your loved ones from a bout of headache or two when sorting out your records and affairs.
Even before the thought of death even crosses your mind, it’s generally a good idea to keep your life insurance updated. This is especially true after significant life events since the reason why you bought life insurance in the first place may have changed since then. Keeping your choice of beneficiaries updated is particularly important, as there may be a chance that one of your original beneficiaries may have passed on as well. This way, you’ll be protecting your family from probate proceedings and fees.
Let your wishes and end-of-life decisions be known to your loved ones so that they won’t be left with the decision-making as they mourn. Another list that you ought to make is for the distribution of your personal items. Naturally, you’d want your “treasure” to go people who will value and safeguard them.
Hopefully, this article didn’t scare you off or anything. Again, it’s just smart to be prepared for death. But until then, live your life to the fullest!