Although none of us like to think about it, we are eventually going to kick the bucket. What’s an uncomfortable subject to broach in terms of yourself is an emotional time for surviving family members. The last thing you’ll want to do is place a financial burden on your loved ones during such a difficult period. That’s why it’s important to plan ahead and prepare for the worst. There are services available that will give both you and your family peace of mind by keeping you financially prepared.
The “Widows Under Stress” survey was conducted to question widowed women as to how prepared they were financially when their husbands died. It was found that 68 percent of widowed women were not prepared for the death of their significant other and were facing financial stress. The death of a family member can lead to a significant drop in income which can only be made worse by funeral expenses. When a surviving loved one is already facing a financially hard time, don’t add to their strains by making them pay for your funeral.
That’s why it’s essential to have a service plan in place. These types of plans can run as low as $5 a month and offer many benefits to the families of the diseased. They will support funeral expenses, offer professional advice, protect your assets, offer body transportation, and provide adaptable services as needed. Financial planning services will relieve a lot of the stress and difficulty that occurs with the death of a loved one.
During retirement people tend to spend more time away from home traveling and visiting different places around the globe. According to the New York Times only 19 percent of people die in their own homes, while 81 percent die away from home either on vacation or in a care facility. If a loved one happens to die on a trip, getting the body back for a funeral can be a difficult process. Each country handles things a little differently. There are high fees and intense documentation associated with transportation.
Having a service plan in place will allow for all of this to be handled and paid for. When you meet with the Elephas Group, you won’t just be given help paying for your funeral. Their team of professionals will handle everything regarding your funeral. This includes organizing transportation of the body, as well travelling expenses for the traveling partner to return home with their loved one. This simplifies the process and saves a lot of unwanted financial stress.
And that’s what important – caring for your loved ones even after you pass away. With a dedicated team of pre-planning experts, you can have a strategy in place that provides financially for your loved ones. A final needs plan means you don’t have to worry about what you leave behind for your family.