I have a small life insurance policy ($30,000) to cover funeral expenses or whatever. I'm also putting together a list of my accounts for my parents in case anything happens to me. I don't think I'm ready to prepare the type of funeral I would like though...
SavingDiva
· 1 year ago
I just realized that my above comment seems really morbid. However, I did have a few friends die (my age and younger) recently (accidents, cancer, etc); so I want to be prepared.
plonkee
· 1 year ago
Don't forget to leave some decisions for your loved ones to make. Many people find planning things like readings / music etc for the funeral of a loved one to be very helpful - and of course, a funeral is meant to be (at least in part) a comfort to those left behind.
Writer's Coin
· 1 year ago
I think this is very important to talk about with several people. It may be uncomfortable, but the more people you tell directly, without any ambiguity of what you want (cremation, burial, service type, etc.), the better the odds are your wishes will be kept. We've all heard of situations where families fight over how things should be done because the deceased "said" something to someone and the other person had no idea about it.
It's simple: if you want your wishes to be followed, be clear and explicit about them so when you die, everyone in your family will say "Of course that's how we'll do it, he talked about it all the time."
OK, maybe not ALL THE TIME, that would be a little morbid
Mrs. Micah
· 1 year ago
I've told them that I want my body given away. I should still look into what kinds of expenses that would incur. But I'd much rather it do someone some good somehow instead of just being stuck in the dirt and costing my family money. I don't think it's wrong to want a burial, but if you expect something expensive it's only fair to have at least that much money in life insurance.
I had a friend who died at 21 in a car crash. Her parents didn't have the money on hand for funeral stuff. They were able to get her a plot, but not a stone. I think that I'd probably get small amounts of life insurance on any kids we have, just in case.
Sjean
· 1 year ago
I'm not getting life insurance until I have a family. If I were to die, my Roth, 401k, and savings could more than cover a funeral/burial. my parents are the beneficiaries. If I don't get to use that money in my retirement, I should at least get to use it in my death.
That being said, my parents had small policies on us kids when we were younger. Just in case. But they didn't have a lot of savings and shouldn't have liquidated their retirements to bury a child
your funeral guy
· 1 year ago
Be careful with life insurance policies. As a funeral director I was taught to have You the client make the Funeral Home The 1st beneficiary on your policy. It is a simple trap to get you to pay more to the funeral home.
Your Funeral Guy and Author of "Rest in Peace Insiders Tips to the Low Cost Less Stress Funeral", R.Brian Burkhardt
The undertaker
· 1 year ago
You have to make your wishes known....so many people share their funeral ideas over coffee, it is important to have those creative funeral ideas written down on paper. If you want a Viking funeral, you should start researching the legalities of it now. Being creative does not need to be expensive. The services are for the survivors, it would be extra nice to have it all taken care.
Dana
· 1 year ago
I don't know how old he was when he made plans but my grandfather did the same thing. He passed last November and Mawmaw didn't have to worry about a thing except to make sure his wishes were carried out.
I am far from my family and not even sure where I would want to be buried.
All Comments
It's simple: if you want your wishes to be followed, be clear and explicit about them so when you die, everyone in your family will say "Of course that's how we'll do it, he talked about it all the time."
OK, maybe not ALL THE TIME, that would be a little morbid
I had a friend who died at 21 in a car crash. Her parents didn't have the money on hand for funeral stuff. They were able to get her a plot, but not a stone. I think that I'd probably get small amounts of life insurance on any kids we have, just in case.
That being said, my parents had small policies on us kids when we were younger. Just in case. But they didn't have a lot of savings and shouldn't have liquidated their retirements to bury a child
Your Funeral Guy and Author of "Rest in Peace Insiders Tips to the Low Cost Less Stress Funeral", R.Brian Burkhardt
The services are for the survivors, it would be extra nice to have it all taken care.
I am far from my family and not even sure where I would want to be buried.