You know you’re unique person… and not like most people, you probably have certain ideas about how you want your life celebrated and remembered. As with all the important milestones accomplished over your lifetime, planning your end-of-life celebration should be done with careful thought.
The death of a loved one is a very difficult time for everyone. Yet, during this period of grief and emotional readjustment, family members and friends are often confronted with dozens of decisions about the memorial services.
- What would our loved one have wanted?
- What kind of funeral should it be?
- What should be included?
- Who needs to be notified?
- How much will it cost?
By preplanning, these questions and many more will be answered in advance so your family is relieved of that burden.
Preplanning involves making choices about your end-of-life celebration. This is best accomplished by working with a funeral planning advisor who has special training and expertise. They can assist you in creating this personalized celebration of your life.
Many people have already been through the preplanning process. An AARP study showed that 34% of people over the age of 50 have already preplanned a funeral for themselves and/or someone else.*
*AARP, Funeral and Burial Planners Survey (2007)
Not everyone wants the same type of funeral ceremony. The choices people make can be influenced by a variety of religious and cultural traditions, as well as by cost and personal preference.
By preplanning your funeral, you relieve your family of having to make important financial decisions during a period of great stress and grief. Preplanning is easier than you might think. Listed below are the steps involved in the preplanning process.
With these three easy steps you will be amazed at the peace of mind you will gain by going through this process. Your family will appreciate your thoughtfulness to preplan and prefund for your end-of-life celebration.
Set aside money today
More and more people are making the decision to prefund their funeral arrangements. Prefunding is setting aside funds today, at today’s prices, so you can be certain the money will be there to pay for your services in the future. Funeral costs, like many other valuable services, increase over time and are expected to continue to increase significantly over the next decade. In fact, funeral related expenses have nearly tripled over the past 25 years.
There are a number of benefits to prefunding your funeral:
- Funeral services may be carried out at little or no additional cost to your family.
- Funds are immediately available to pay funeral costs, with no waiting period due to probate or other delays.
- Flexible payment options are available to meet your needs today.
- You may be eligible for full benefits even before all your payments are made.
- The benefit amount grows over time to help offset inflation and that growth is not taxable to you.
Does all this seem like a lot to process? Don’t worry! Call Us 888-502-5267. The insurance experts at Elite Insurace Brokers are here to help answer your questions, address your concerns, and guide you in the direction of a final expense life insurance policy that fits your needs and your budget. Visit us today to get a free,-strings-attached quote, and then come back often for more information and inspiration about life and life insurance!
Keep In mind in the spirit of transparency, Our blog post are for informational Purposes only. We know how quickly things change, so we can’t guarantee the content and the links to unaffiliated parties are up to date.