“What-if” Planning Blog

How Hurricanes Answer the Question, “Should I Have an End-of-Life Plan?”
Financial, Legal, Mental/Emotional/Spiritual, Practical Prepare Your Affairs Financial, Legal, Mental/Emotional/Spiritual, Practical Prepare Your Affairs

How Hurricanes Answer the Question, “Should I Have an End-of-Life Plan?”

Tropical storm Hilary hitting California is a reminder that disasters can strike anywhere at any time. It should also serve as motivation to have our affairs in order through end-of-life planning to protect family members from unnecessary hardships when an accident or illness impacts your family.

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Term versus Permanent
Financial Prepare Your Affairs Financial Prepare Your Affairs

Term versus Permanent

For most people, life insurance should be a key component of your end-of-life plans. It can play a huge role in easing the burden of death by allowing the surviving spouse to hire others to help with day-to-day tasks and/or replace lost income and keep paying the bills. The two main types of life insurance are described in this blog.

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Planning for a Funeral
Financial, Mental/Emotional/Spiritual Prepare Your Affairs Financial, Mental/Emotional/Spiritual Prepare Your Affairs

Planning for a Funeral

Whether it’s called a funeral, memorial, or celebration of life, honoring the deceased is a custom upheld by most families and communities. Many decisions must be made to prepare for and carry out a service. What happens to the body? Where will the remains reside? What kind of casket or urn is desired? Though each of these components could be a blog all by themselves, this week’s blog addresses what may be the driving force behind how you answer each these questions -- cost.

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Planning for Post-Death Healing Expenses
Financial Prepare Your Affairs Financial Prepare Your Affairs

Planning for Post-Death Healing Expenses

In this week’s tip, we’ll examine some of the additional post-death expenditures that you may want to factor into your end-of-life planning financial plan. These are expenses that are above and beyond what most people think of when it comes to “death expenses,” such funeral/burial/cremation, medical bills, and legal expenses to execute a will or trust.

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Financial Preparation for Your People
Financial Prepare Your Affairs Financial Prepare Your Affairs

Financial Preparation for Your People

In today’s tip, we focus on financial preparation for your people -- those family, friends, and associates who in some way depend on you financially, will mourn your passing, and will need resources and comfort to move forward in life without you.

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Make this the Year to Act
Financial, Practical, Legal, Mental/Emotional/Spiritual Prepare Your Affairs Financial, Practical, Legal, Mental/Emotional/Spiritual Prepare Your Affairs

Make this the Year to Act

Now that we’re into 2023, it’s appropriate to look forward to the year ahead. Our goal at Prepare Your Affairs is help you attain the peace of mind that comes with getting your end-of-life affairs in order. In this week’s tip, we offer some suggestions about how to go about accomplishing this task.

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