FACT: Unfortunately, WE SHALL All Die 1 DAY.
QUESTION: Have You Planned BECAUSE OF THIS Inevitable and GUARANTEED Scenario?
Although nobody loves to talk about death or dying, it really is one of many facts of life that people all must eventually face. In case you are trying to build a successful financial plan, the only way you can be sure your plan works smoothly and efficiently is being 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 developing a proper plan of succession.
The sad truth is, thousands of people die (whether expected or unexpectedly) every year without the proper end-of-life planning set up. To create matters worse, when someone dies without abandoning any final plans or preferences, this usually eventually ends up costing their family and loved ones a tremendous level of emotional stress and monetaray hardship.
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By simply sacrificing some of your time and putting together a comprehensive end of life plan, you will be sure that your entire loved ones will many thanks and remember you for this wonderful gift of an eternity.
The most important areas of financial planning is being proactive about your money. That is particularly true with regards to creating an end-of life plan, considering your final plans and preferences should be taken are of in advance.
As you commence to create an end of life plan, below are some of the key considerations:
Creating a Will
Determining whether a Wills or Trusts are most appropriate
Creating a Living Will and Advanced Medical Directives
Developing a quick and easy "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 all your family members have quality Financial Professionals to help
Assigning an individual Representative
Protecting your assets against lawsuit, income and estate taxes, divorce, etc.
Assisting your children in carrying out 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 the Pre-Planning Specialist.