Is Your End of Life Well Prepared?
The topic of death is not comfortably discussed in fact one comedian said the best person in a funeral is the one in the casket. In this article we will see the importance of preparing for your end of life. Most baby boomers do not have living or will trust, but also other people do not have the documents which make the percentage even higher. The state is left to decide how to distribute your assets. Therefore, in the absence of an estate plan, the same is converted to taxes by the state. You need to indicate in your will or living trust if you intended to share your assets with charity. You can instead decide to let your relatives inherit them by having a will. This is how to prepare for your end of life.
In case you die you need to have designated guardians for your children if they are under 18 years of age. If this is not in place, the state decides who has custody of the children. Such a process could be extensive and traumatic as it could stress your children, so naming a guardian is advised. It is not easy for medics to know the type of treatment if you are hospitalized as there are no medical directives in place. They are left with no option but to decide on the treatment they deem right for you. If you are in a life-threatening condition, you need to have written down in a medical, legal document, this service healthcare type you would want to be administered to you. People would want to donate their organs but have not authorized this service. Many patients are waiting for this service of organ donations but if you do not fill an organ donor document such organs will not help anybody.
People underestimate the need to communicate about their wishes and funeral plans before they die. But this service is vital so that your loved ones can do your funeral as per your specifications. You can order for flowers for your funeral from this service. Ever thought what happens to your Facebook, Twitter, Instagram account when you die? You can sign a legacy contact document to entrust someone with your information, photos in your page.
If you make arrangements for your health and finances the sadness of your demise will be less. In your end of life plan, you are making life easy for your loved ones. Discuss with the loved ones of your choices and allow them to question anything that’s not clear and not wait until you die. Give yourself peace of mind by ensuring everything is in place but do not think about what happens after you die.