This trilogy is exploring pre-arrangements and beginning your journey of writing down your final wishes.
In this episode, Brian talks about several small steps you can take to make sure that your wishes are recorded and followed after you have passed including utilizing a preplanning guide, legacy planning, whether a travel protection plan is right for you and what to do to appoint your next of kin.
For this episode, Brian talks about the financial side of a pre-arrangement. If you did not fully fund the pre-arrangement, there are several things you can do to help cover the costs for your loved ones. These could include:
- assigning a life insurance policy to the funeral home
- providing military discharge paperwork if you served
- providing tribal information to the funeral home to allow access to tribal funeral benefits
- providing information for your social security benefits
- creating a funeral trust
- creating a dedicated savings account
If your pre-arrangement was fully funded, here are a few tips and things to consider:
- Keep a copy
- Ensure it is fully portable
- Discuss other costs that may come up regarding your wishes with your funeral home
If you have already created your pre-arrangement with a funeral home, you may have already discussed what you want to do for your final resting place. With funeral homes that also owned a cemetery or mausoleum, during the pre-arrangement you may have already bought a plot or crypt. If you have not made those plans yet, Brian talks about different ideas to consider when looking at what to do for a final resting place.
If you have any questions, or have another topic you would like The Last Track to cover, you can email Brian at info@batemanpacificview.com.
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