One On One: Dealing With Death And Insurance Without A Spouse Or Children
While most people choose to pair up and most have children during the course of their life, some people like the lives that they lead alone. Those who are without children and a spouse can have just as much fun and fullness to their lives as others. One of the biggest issues with being a single is aging. Often, when a person ages and starts to have health issues, there is someone else there to help with the arrangements. For those without an immediate family, these things should be taken care of ahead of time. Here are three things to do to deal with all final arrangements when you are doing it alone.
Get funeral insurance and make arrangements
If you would like to make sure that your funeral and burial are planned, you should get funeral insurance. The insurance will pay for your funeral and burial directly. See a funeral home in your area that you would like to work with and give them all of your information for your burial insurance. Pick out everything you will need such as your casket, flowers, and have them help you find a burial plot if necessary. Make sure the information for the funeral home is inside of your will and important papers. Contact a company like Burial Insurance Fast for more information.
Condense property that you don't want
You do not have to wait until after death to start dealing the with distribution of property. In some cases, it can make it easier for you to deal with giving away property, land, and real estate when you are in good condition. If there is property of yours that you no longer intend to use and wish to give away to family or friends, you can start giving away these things when they are no longer useful to you. Be sure to sign documents stating that you are handing over ownership for good so that there are no disputes later.
Appoint an executor or power of attorney
So that you are sure that someone knows what arrangements you have, you should appoint an executor of your estate and a power of attorney. This can be someone that you trust such as extended family or even a younger friend that you trust. Your executor can also be your attorney. Be sure that your executor and power of attorney has your will, insurance information, medical records, and information on any land and property you own. This will make finalizing the arrangements that you made for after death much easier to handle.
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