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    Key Considerations When Creating a Smart End of Life Plan

    Revision as of 11:20, 14 June 2023 by 38.154.160.143 (talk) (Created page with "FACT: Unfortunately, WE SHALL All Die 1 DAY.<br /><br />QUESTION: Have You Planned BECAUSE OF THIS Inevitable and GUARANTEED Scenario?<br /><br />Although nobody likes to talk...")
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    FACT: Unfortunately, WE SHALL All Die 1 DAY.

    QUESTION: Have You Planned BECAUSE OF THIS Inevitable and GUARANTEED Scenario?

    Although nobody likes to talk about death or dying, it really is one of many facts of life that we all must eventually face. For anyone who is trying to create a successful financial plan, the only way you can 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 estate planning, pre-planning your funeral, pre-paying your final expenses, and developing a proper plan of succession.

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

    Give a Selfless Gift That Benefits BOTH You AND Your Family

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

    Just about the most important aspects of financial planning has been proactive about your cash. This 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 a finish of life plan, here are a number 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 quick and easy "first steps" arrange for your loved ones

    Organizing all your important documents

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

    Finding your way through Guardianship issues and Special Needs concerns

    Estate and Legacy Planning

    Ensuring your loved ones have quality Financial Professionals to help

    Assigning an individual Representative

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

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

    Establishing you funeral plans and arrangements

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