One aspect of estate planning that many avoid is preparing their funeral arrangements. Those who fail to handle this duty are making a huge mistake.
Nonetheless, millions pass on without incorporating their wishes into legal documents. Here are some reasons why this should never happen.
How survivors benefit when you preplan your funeral
Firming your desires for after you pass assures that they happen. Almost anything can become a request, such as the type of attire you want during cremation. Even unusual burial requests are possible.
Taking care of funeral arrangements removes a massive burden from those you love. At the time of your passing, they will be grieving. With every decision complete, they may focus on the emotional aspect of the event.
Planning your funeral services is wise from a fiscal perspective. Doing so locks in the price, which means rising inflation cannot affect the final cost. Your beneficiaries will be grateful for every dollar they get.
How to preplan your funeral
Research funeral homes instead of picking one at random. Calculate a budget and select a payment option that makes sense. Think about and discuss with relatives how you may be lain to rest. Maybe you feel flowers are wasteful. Name charities you would rather have funeral attendees support. Contemplate other charitable giving, as well as the matter of your ashes. Remember that estate planners can be helpful when making after-death arrangements.
The only certainty in life is death. If you prepare for the eventuality of your passing, your family will be forever thankful.