End of Life
End of Life Plan Benefits
10 Key Benefits to Creating Your End of Life Plan
The sad reality is that more than 70% of those who die today fail to leave behind as much as a Last Will, also known as a Last Will and Testament, for their family and loved ones. So given the fact that most people don’t even leave behind their last wishes when it comes to their assets and estate plan, imagine how few people actually document their end of life planing preferences?
“Having an end of life plan is a win-win situation”
The Founder’s Real-Life Story…
Christopher Hill, Founder of FuneralResources.com, and has worked as a Financial Advisor for over 23 years. Hill will openly admit that, up until just a few years ago, he thought the financial advice and counseling he provided was comprehensive and covered all aspects of financial and retirement planning. was not only comprehensive, but he also believed he was well-versed at creating strategies to protect his clients, as well as his own personal family, against those unexpected “life events”. However, everything changed when Hill and his family lost a close loved one on Thanksgiving Day of 2008. It was this dark day when Hill realized he had a lot to learn.
Hill is always quick to humbly admit that during after all the time he spent reading, training, and educating himself on financial and retirement planning, he had “never been there himself“, so he had no idea how important it is to create an end of life plan. When anyone asks him what he learned, Hill has this to say;
“One of the toughest challenges anyone can face in their lifetime is losing a loved one and have to simultaneously plan a funeral plan and memorial services. But it doesn’t have to be this way. By simply setting aside some time and creating your end of life plans and preferences, this can minimize or eliminate many of the difficult financial and emotional challenges your family and loved ones will be faced with…
Not only does this help you family and loved ones make this difficult process easier, but it also shows how much you cared about them and allows them to remember you in a better way…and celebrate your life…the way you would have wanted.”
Ten Key End of Life Plan Benefits
1. Minimize Stress and Grief
Upon your passing, the truth is that most people don’t have any idea how to get started, what they should know, or who they can turn to. By choosing to preplan a funeral or burial arrangements can significantly minimize the many stresses and pressures that accompany the grieving process of losing a close loved one.
2. Personal Preferences
This advanced planning offers you the opportunity to decide and control just about every detail, and even nearly every aspects of memorial services…even the funeral music.
3. Ensure Proper Management and Implementation
By documenting your last wishes through a Family Record Guide, you can ensure that you and your remains are handled, treated, and placed in an area that is in accordance with your personal preferences. For more information on what information to store, and more importantly, where to keep your key financial and end of life plan details, be sure to view our guide called: How to Create a Love Drawer.
4. Minimize or Eliminate Family Disagreements
By creating a plan for your final affairs, this can also minimize or eliminate any uncertainties or disputes among your family members. One of the biggest reasons that family members argue or fight after a loved one has passed is due to disagreements regarding family heirlooms.
5. Minimize the “Guesswork”
Preplanning your funeral takes the guesswork out of the common questions of “what do we do next” or “what would you have wanted”? A properly structured end of life plan can not only ensure that your loved ones know what to do, but can also make sure your bequests are efficiently implemented.
6. Makes Difficult Choices Easier
Through building a sound end-of-life plan, one of the biggest advantages is that your preplan can reduce, or even eliminate, the need for your family to make some very difficult financial and emotional decisions, especially given their state of mind at that time.
7. Make a Difficult Situation Easier
Through preplanning your funeral, as well as learning how to prepay funeral expenses, this allows you, your family, and even your Funeral Director to have a better overall experience and memorial services.
8. Reduce Pressures and Free Up Valuable Time
By reducing many of the obvious family pressures, this provides some extra time for them to work through some of the other struggles such as coping with grief and loss, planning your memorial service, notifying your loved ones, creating your obituary, learning how to write a eulogy, and creating the best possible way to celebrate and memorialize your life.
9. Gives You a Greater “Peace of Mind”
After completing your preplanning process for your family, this actually ends up enhancing your future too. By having these details planned out in advance, you can live every day with the “peace of mind” knowing that someday they will receive one of the greatest gifts of love possible.
10. Create an Everlasting Memory That Shows Your Love
By selflessly taking the time to create your smart end-of-life plan, this basically ensures that you will always be remembered in a special way. Your family and loved ones will never forget the fact that you sacrificed your time and resources to take care of these all-important details. In turn, what you are really doing is leave behind an everlasting memory that shows your family and loved ones just how much you truly love and care about them.