Key Considerations WHEN MAKING a Smart End of Life Plan

FACT: Unfortunately, WE SHALL All Die 1 DAY.

QUESTION: Have You Planned For This Inevitable and GUARANTEED Scenario?

Although nobody loves to talk about death or dying, it really is among the facts of life that people all must eventually face. Should you be trying to create a successful financial plan, the only way you could be sure your plan works smoothly and efficiently has been proactive about your planning process. This is particularly true and necessary in terms of important end of life plan considerations such as for example estate planning, pre-planning your funeral, pre-paying your final expenses, and creating a proper plan of succession.

The sad facts are, a large number of people die (whether expected or unexpectedly) each year minus the proper end-of-life planning in place. To create matters worse, when someone dies without abandoning any final plans or preferences, this usually eventually ends up costing their family and family members a tremendous level of emotional stress and monetaray hardship.

Provide a Selfless Gift That Benefits BOTH YOUR HOUSEHOLD

By simply sacrificing a few of your time and piecing together a comprehensive end of life plan, you will be sure that all of your loved ones will many thanks and remember you because of this wonderful gift of an eternity.

The most important areas of financial planning has been proactive about your cash. That is particularly true with regards to creating an end-of life plan, considering your final plans and preferences must be taken are of beforehand.

As you commence to create an end of life plan, here are some of the key considerations:

Creating a Will

Determining whether a Wills or Trusts are best suited

Developing a Living Will and Advanced Medical Directives

Developing a fast and simple "first steps" plan for your loved ones

Organizing all your important documents

Make sure all your important documents come in one easy-to-find place

Preparing for Guardianship issues and Special Needs concerns

Estate and Legacy Planning

Ensuring your loved ones have quality Financial Professionals to help

Assigning a Personal Representative

Protecting your assets against lawsuit, income and estate taxes, divorce, etc.

Assisting your children in undertaking your end-of-life plan

Establishing you funeral plans and arrangements

As you can see, because you can find so many difficult, expensive, and time-consuming challenges in pre-planning a funeral, we strongly recommend that you seek the financial advice and support from the Pre-Planning Specialist.