Life is precious and unpredictable—the last few years, especially, have taught us that. Noone wants to think about their own mortality, or that of their loved ones, but it is an important conversation to have.
The average funeral costs have been on the rise in recent years, which is why planning ahead for end of life matters is important now more than ever. While it may feel morbid to talk about your funeral plans, or to talk with your loved ones about their funeral arrangements, we’re here to guide you through those conversations with patience, compassion, and ease.
Discuss Funeral and Burial Arrangements
We all hope that we have enough time at the end of our life to dictate our final wishes. Unfortunately, that isn’t always the case. That’s why it’s important to talk openly about funeral and burial wishes. Speak with your family and loved ones about your and their plans for burial or cremation, if they desire a visitation or simply a graveside service, what type of music or flower arrangements they’d like, and so on.
If you or your loved one is a veteran or military service member, have the conversation about special military designations or honors. If you or your loved one has religious or cultural considerations that are important, have those conversations as well.
Plan Ahead for Your Possessions and Assets
A will is incredibly important to have, no matter your age. When end-of-life arrangements are being discussed, that should also include a plan for possessions and assets. You can help your loved ones overcome the hurdles of navigating heirlooms and sentimental objects by planning early.
Have a final wishes conversation with your family and loved ones about houses, wedding rings, and sentimental items. Talk with your lawyer about these crucial estate planning documents:
- Last will and testament
- Revocable living trust
- Beneficiary designations
- Durable power of attorney
- Health care power of attorney and living will
- Digital asset trust
- Letter of intent
It’s also important to have important documentation stored together in a safe or fireproof box, such as:
- Life insurance policies
- Pension or retirement accounts
- Bank accounts
- Divorce records
- Birth and adoption certificates
- Real estate deeds
- Stocks, bonds, and mutual funds
Secure Burial Insurance
Because funeral costs are so high, and we never know what our medical expenses will be. Securing burial insurance will help loved ones cover the crucial end-of-life costs. Burial insurance will help your loved ones have sound financial footing.
Many families prefer to have a funeral expense insurance policy versus a pre-paid funeral. This gives them more flexibility to address additional expenses outside of a funeral.
Plan Ahead with USA Life
USA Life team will help you plan ahead for your end of life needs with final expense insurance. We’ll keep the process simple and straightforward, so you can continue living your life.