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Funeral & Final Expense Planning

 

The goal of preplanning your funeral is to help ease the burdens that will fall on your family on your family, and your loved ones, those you will someday leave behind. After a death, the surviving family is faced with three primary burdens:

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  •  emotional burdens

  •  financial matters

  • legal burdens 

 

The purpose of planning ahead is to prepare them to deal with these burdens. It’s a caring and

thoughtful thing to do for the people you care about the most. Thrive for Family will assist in all facets of prior proper planning.

  1. Plan ahead.Planning ahead is the best thing you can do. Your plan doesn’t need to be complicated. Even a simple plan will be helpful to your family. Start with the basics: Interment choices (i.e., burial, cremation, a donation to medical science, burial at sea); and funeral service choices (i.e., a traditional funeral, memorial service, graveside service, no service).

  2. Estimate the cost of your funeral. Change your choices, if necessary, to reduce the expected cost. Thrive for Family will help you with estimates and budgets.

  3. Share your funeral plan with your family so they know your wishes. Pick a trusted family member, friend, or advisor to be primarily responsible for carrying out your wishes. Start with your basic plan and then keep them updated as you add details over time. We can deposit you final wishes in a digital vault* which your trusted ones can access on your request. 

  4. Specify the details of your funeral ceremonies. This is optional if you prefer not to go into the details. But keep in mind that it will be very helpful to those who will be making the final arrangements for your funeral. A Celebrant can help you plan the funeral ceremonies.

  5. Make financial arrangements to pay for your funeral. Figure out if you will leave behind enough money to cover the funeral cost and other final expenses. Consider funeral insurance, trusting, pre-purchasing cemetery space, and a pre-needed contract for funeral services. Thrive for Family and it's associates will individualize a plan to fit your budget and needs.

  6. Organize and document your key personal information. This will be essential for wrapping up your affairs and will be helpful to those who will be delivering eulogies and writing your obituary. Also, think about what you might want to leave behind for genealogy purposes. Future generations in your family will appreciate all of this information. We can help you organize and keep your documents in a safe place to which you can allow a chosen individual(s) to access. Thrive for Family

 

 

 

*What is a digital vault?

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A digital vault is a secure online platform where you can collect and maintain your digital assets and logins. You can share access with the people you trust. Some of these assets may include:

  • Login information for online accounts (banking, brokerage, crypto, etc...)

  • Social media and email accounts

  • Digital files such as photos, videos, music and documents

  • Important estate documents can readily be accessed by you and the person you designate 

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Creating a pathway of your online life helps your loved ones after you pass away. It will make it easy for them to find and access you online accounts, which streamlines a process that could otherwise take months or years. 

When it comes to security, the vault is utilizing bank-level security to keep user data safe. This includes two-factor authentication and 256-bit AES encryption which is one of the strongest in the industry.

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© 2023 by Thrive for Family

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