End-of-life planning can be really difficult but important aspect of life. When thinking about end of life, here are some things to factor in:
- Making a will:
Let's face it, no-one likes making a will but it does ensure that your assets and property are distributed according to your wishes after your death.
- Make sure you tell those you love what you want, by giving advance directives:
These include living wills and medical powers of attorney, which specify your medical treatment preferences in the event you are unable to make decisions for yourself.
Funeral arrangements:
To be able to have you funeral the way you want, you need to plan. Pre-planning your funeral or cremation can provide peace of mind and help ease the burden on your loved ones.
-Estate planning:
Make it easier on yourself and on your loved ones, and ensure you leave what you intended to your loved ones. Estate planning sounds grand but really is all about organising and distributing your assets, as well as sorting out and paying any debts or taxes.
-Life insurance:
Cover yourself with life insurance , it can provide financial support to your loved ones after your death.
And finally digital legacy:
Don't forget about your digital legacy. You can plan what you want to happen to your digital assets, such as social media accounts, your best and favourite photos and online storage.
It is really important to discuss your end-of-life plans with loved ones and make sure they know your wishes. By regularly reviewing and updating your plans as needed can also help ensure that your end-of-life wishes are honoured.