Final Expense Planning, Has The Inevitable Been Planned For?

Death! OMG!  The virtual elephant has just entered the building.
Just the sound of this word or seeing the letters put together to form the word DEATH makes most people very uncomfortable. No one wants to talk about it let alone think about it because with Death, what usually follows is sadness and grieving but Death is a fact of life, albeit the end of the life cycle, it's still a fact of life.
Just about everything that lives will eventually die.  It is what it is so we need to think about it, plan for it and not leave this burden for the grieving family that is left behind to handle.

So with that being said and acknowledged the next point to be made is actually just a few questions;

1. WHO is going to pay for your/their Final arrangements?
2. WHERE are you/they going to get the money from to pay for it?
3. Do you/they know what the COST of an average funeral or cremation is today?

Please don't leave this responsibility for your heartbroken family to deal with once you are gone.  Another situation to consider is concerning your aging parent(s).  If Mom or Dad does not have life insurance, what are you going to do?  HOW are you, your siblings and other family members going to pay for Mom and Dad's final arrangements?  More family fights, disputes and bitter feelings have been created in the midst of and as a result of final arrangement planning after the fact.

Well here's some favorable information.  This is 2010 and nowadays you can prearrange and prefund the  Funeral and/or Final Arrangements WITHOUT visiting the local or out of town Funeral Home facility.
There are several insurance plans and programs specifically for Final Expense Planning being offered today, one of which comes from NGL-National Guardian Life Insurance Company.

NGL offers Final Expense Life Insurance coverage which sets aside funds for your final expenses.  You have the option of purchasing a very affordable Life Insurance policy for between the benefit amounts of $5000 up to $12,500 which, in most cases, is enough to pay for the average Funeral service today.
You also have the option to make sure those funds are used to pay for the Final Expenses first and foremost by assigning the plan to an "Irrevocable" Funeral Trust account.  Funeral Expense Trust plans insure that the benefits from the policy are used for costs surrounding the final arrangements.  Again, the Trust assignment is an option and another step to protecting the death proceeds from the policy and possibly other assets from being used for other financial obligations that may be left behind.
You may want to consult with a Legal Professional to explain the specifics of an "Irrevocable" Trust account and find out if this may be the right choice for you.

So again the question remains, has the inevitable been planned for?  If not, please don't leave financial burdens as your legacy.  Taking care of your Final Arrangements and Funeral Expense Planning is the last great gift you can give to your loved ones.  And don't forget about Mom and/or Dad, have they taken care of their end of life planning?  Don't wait until your in the middle of a grieving storm to try to figure out what to do next.
Preplan, Prefund and BE PREPARED in advance.

For more information about Final Expense and End of Life Planning with NGL, please contact me at
Coltrane Insurance and Financial Planning.  I am an Independent Insurance Broker and contracted Trusted Advisor for National Guardian Life-NGL.  Also, ask me about how you can get FREE membership into the Legacy Safeguard program.

Tina Little-Coltrane
Life/Health Insurance Broker
1-800-755-2896
TinaColtrane@Gmail.com