After losing a family member, people experience pain and grief. The situation gets worse if legal issues are involved, resulting in family conflicts. Such challenges are typically the result of a lack of planning when they could have been much easier if a good plan had been in place, says Scubby’s recent article entitled “7 Ways To Ease Your Loved Ones’ Suffering After You Die.” Let’s look at some ways to avoid problems after you pass away.
- Create an Estate Plan. This is the first step you can take in making your family’s life easier. Your heirs will inherit your estate after you die. It can be more difficult if you don’t have a written estate plan.
- Maintain a Binder for Documents. Include important documents and information about your bank accounts, credit cards, investment accounts, and digital assets, such as emails, online banking, social media accounts, and any other digital assets you own. You should also give information that your family will need to access these documents and information. Store your important documents and information in a master document binder or another system.
- Buy Life Insurance. Purchasing life insurance as part of your basic estate plan is wise and a key way to relieve your family's stress when you die. Losing a family member can result in confusion, worry, and anxiety regarding finances. Those left behind sometimes wonder how to pay for necessities after a family member dies, so an insurance policy can solve that problem. This will give your family a financial cushion to provide them with breathing room.
- Write An Instruction Letter. A last letter of instructions for your family is thoughtful, in addition to your estate plan. This allows you to express love and affection to your family members. You can also state where you want to be buried if you’d like to be cremated, and what kind of memorial service you would like. Your testament doesn’t appear in this document. It only lets you state your final wishes about each of these matters. It has no real legal significance.
- Prepare Them Emotionally. It’s hard to comprehend the truth of death for you and your family. They’ll go through the grieving period without you, and to help them emotionally, you can honor the people in your life who matter most, offer an apology to those you have hurt, or forgive your loved ones if they have hurt you. This can provide much-needed closure and relieve your family's stress when you die.
- Pre-plan Your Funeral. Pre-plan your funeral to ease the burden on your family at your death. This means you’ve made your funeral arrangements and chosen what you want as part of your funeral services.
- Collect Important Documents and Contact Information. Organize important documents in a folder. This should include info on bank accounts, mortgages, insurance policies, employer contact information, estate planning, safe combinations, and Social Security information. Make a list of close friends and family members, including their contact info, for your loved ones to contact in the event of your death.
This list of things you can do to ease the burden on your family isn’t exhaustive. However, it’s certainly helpful.
Reference: Scubby “7 Ways To Ease Your Loved Ones’ Suffering After You Die”