No one wants to think about death, but it’s something that we all have to face at some point in our lives. One of the best ways to make the process a little bit easier is to get your affairs in order before you die. This blog post will provide you with a complete checklist of things you need to do in order to make sure your loved ones are taken care of after you’re gone.
1. Have a funeral plan.
Decide in advance who will be responsible for planning and carrying out your funeral arrangements. Make sure that you designate somebody to handle the costs of the funeral, burial, and any other related expenses. Get funeral expense insurance if possible.
2. Update your will and/or trust documents.
Make sure your will is up-to-date and that it clearly states who should receive what assets from you upon your death. You may want to set up a trust fund or decide how much money should go into a college fund for any children that are still minors at the time of death.
3. Create a durable power of attorney (DPOA).
This document gives someone else the right to handle financial, medical, and legal matters on your behalf if you become incapacitated due to illness or injury before death. The person designated in the DPOA should be someone you trust completely, as they will have control over all aspects of your life.
4. List all of your assets.
Make a detailed list of all of your accounts, possessions, and real estate holdings so that your family knows where to find them.
5. Set up digital accounts/passwords.
Store the passwords for any online accounts (e.g., banking, investment accounts, email, etc.) in a secure place where they can be easily accessed by loved ones after you’re gone.
6. Update beneficiaries on life insurance policies and retirement plans.
It’s important to make sure that your designated beneficiaries are updated on these types of documents in case something happens to you before death or if there’s been a change in circumstances since you last filled out the forms.
7. Keep contact information up-to-date.
Make sure your family and friends have your updated contact information so that they can stay in touch with you and each other after your death.
8. Establish a digital legacy.
Write down any thoughts, memories, or values you would like to pass on to loved ones after you’re gone. You may also want to set up an online journal or create digital albums of photos and videos for family members to remember you by.
9. Consider pet care.
If you have any pets, make arrangements for someone to take care of them after your death. Be sure to designate a responsible person in your will or other documents who can make decisions on behalf of the animal(s).
10. Make plans for end-of-life medical care.
Decide in advance what types of medical treatments and interventions you would like to receive at the end of your life. You should also consider making an Advance Directive that outlines your wishes regarding medical treatments and life support if you become unable to communicate these preferences yourself.
Getting your affairs in order before you die is an important step that should be taken to ensure that your family and loved ones are taken care of when you’re gone. It’s not easy to think about death, but taking the time now to make sure everything is in place will give everyone some reassurance come the time of need.
Thank you for reading!