June 30, 2015
Dear Cathy:
I came from a family of
14 and I am the oldest child. My brother was single and elderly and only
had one child when he recently passed away. He did not have any life
insurance which left the family in total chaos especially his only child.
Is it wise for families to make funeral arrangements ahead of time? Trying to Avoid Future Chaos, Tennessee
Dear Trying to Avoid
Future Chaos:
Most people die without
making funeral arrangements forcing their grieving family to make tough
decisions and overpay on funeral costs. Everyone should have some type of
life insurance which is there to help with funeral costs. You can join
your local Memorial Society at Funerals.org and make those decisions yourself,
ahead of time.
However, don’t prepay
for a funeral or cemetery plot especially if you might move to another city or
if the funeral home could go out of business. If you are a veteran, most
veterans already know which Veterans Administration (VA) cemetery they would
like to be buried at so they should make their arrangements ahead of time.
You can read more about
being responsible as you age in the book “Golden Years: How To Age Gracefully and Take Care of
Seniors” – available as an e-book and paperback.
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