What Does End-of-Life Planning Mean to You?

According to our National Survey, when people hear the term “End of Life planning,” their first thought is either burial and funeral arrangements or health care directives. But did you know, there is so much more?

Health care directives are extremely important when family is faced with this type of situation. Knowing your loved ones burial and funeral wishes are important as well. However, what happens after the funeral?

Less than 50% us of have a will and of those of that do, most created it over 10 years ago. Life changes; we have children and grandchildren, there are marriages and divorces. Having an out-of-date will can potentially be devastating to family members.

And what about all the “other” things families need to deal with after a passing of a loved one? Do bank accounts need to be located and closed? What about credit card debt, mortgages and car titles? What about insurance benefits? Does family know what policies are active and how to collect the benefits?  Even an up-to-date will isn’t going to tell family members where this stuff is and how to access it. And what about social media accounts and passwords to access other online accounts, smart phones or tablets?

Certainly technology has changed and advanced the way we do things. However, imagine if suddenly someone had to step in and manage your financial affairs? Where would they even begin?

At My Life & Wishes, end-of-life planning means everything a loved one must address or untangle after a loved one has passed. So when contemplating your end-of-life plan, consider more than just your burial or funeral wishes. Complete your comprehensive plan with a secure My Life & Wishes account today!