Have you made your end of life plan yet? If not, you’re not alone. Most Americans say they want to do it but far too many of us wait until it’s too late. This series will help you prepare an EOL plan in three simple steps.
Within a week or even a weekend you can have a basic EOL plan that delivers the peace of mind you want about the one step in life we all must take. Let’s do this together.
A lot of folks think once they’ve prepared their Advance Directive and Last Will they’re finished making an end of life plan. There is one key step left, which tends to be the most overlooked part of an essential EOL plan. It’s something that gets talked about quite a bit but rarely done: the pre-planning of your funeral.
By planning your service in advance, you take the burden off your loved ones by specifying the type of memorial you want. Without a plan, your loved ones may be unsure how you would like to be remembered and will have to spend energy during an emotional time worrying about it.
Understand that a funeral plan doesn’t have to be complex; it can be as simple as writing down, “I want to be cremated with my ashes scattered in the ocean.” It’s entirely up to you.
If you do want to have a formal funeral service, some people today are pre-planning every facet of their memorials: from buying their casket, plots and tombstone to planning their own funeral reception. Others are filming videos to be played at their service as a final farewell to their loved ones. You can be as creative as you want.
To learn more about how to pre-plan your service, check out our Planning a Funeral Checklist. After you’ve browsed the checklist, here are some key questions you should ask yourself when writing your funeral plan:
- Do you want to be buried or cremated?
- What kind of service do you want to have?
- Do you want any funeral events like a viewing, wake or reception?
- Where do you want your service to take place?
- Who would you like to officiate your funeral?
- Do you want anyone to deliver a eulogy?
- Do you want any songs, hymns or pieces of music played?
- Would you like any donations made to charities on your behalf?
- Who would you like to be your pallbearers?
You can also include other preferences like the types of flowers you want at your service or the kind of food you want served at your reception. There is no template; it’s all about how you want to be remembered.
Finally, we understand a lot of people aren’t in the position to pre-pay their funeral; we aren’t here to sell you anything. But if you are interested in taking the financial burden off your family, buying Funeral Insurance is an option you may want to consider.
A funeral today can cost anywhere from a few thousand dollars to $10,000. Purchasing insurance will save you money and the funeral director will file the claim so paying the bill is easier on your family. There are other advantages to having insurance, like pre-paid burial funds are considered exempt under Medicaid, which means your investment is secure and can’t be spent on long-term care.
If you’re interested in pre-paying your funeral, click here to learn more about how you can buy insurance from a provider near you.
Congratulations, you just completed the third step in your EOL plan. Stay tuned for next week’s story when we’ll show you how to fill out all your paperwork and make it official.