Why Should I Plan for My Funeral?

The simplest answer is this: Peace of mind for you and your loved ones.

Emigdio Vargas from Legacy of Love provides you and your family the opportunity to pre-plan for your funeral wishes coupled with the ability to email or share those wishes with your family, so they have them at their time of need.

Here's why you should plan your funeral now with Legacy of Love:

• It may spare your loved ones from having to make these difficult decisions at an emotional and distressing time.
• It can assist in removing the financial burden from your family.
• It may allow you to reduce your total assets if you seek to qualify for Medicaid benefits or other public assistance.
• The insurance coverage intended to fund the preferences you identify in your Legacy of Love Plan can be used to pay for goods and services at any funeral home that you or your family choose. Since the Legacy of Love plan does not involve a contract with a funeral home, that funeral home choice can be made at the time of your passing.

Take a moment to watch this 3 minute video below to learn why Elizabeth decided to plan her funeral.

 

Endorsed By Dave Ramsey and Suze Orman
It's not just us recommending that you plan your funeral. Financial author, radio host, and television personality Dave Ramsey strongly endorses funeral planning. "Preplanning a funeral is truly a gift to your family," according to Ramsey. "Doing the legwork and setting things up ahead of time so your family doesn’t have to make a lot of financial decisions in the middle of an emotional situation shows them respect and consideration."

Suze Orman concurs on funeral planning telling her audience that emotional overspending is a near-certainty when arrangements are left to a grieving family. "You don’t want your family to be in a position where they are grieving and have to make decisions," Orman cautions. "They will always overspend. Always."

No Funeral Planning = Paying More
Not having a funeral plan typically also means you end up paying more. According to the National Funeral Directors Association (NFDA), families who do not pre-plan their funeral often spend 20% to 40% more than those who develop a plan. With the 2023 median cost of a traditional funeral-with-burial coming in at about $8,300 (excluding cemetary fees), this can result in $1,500 to $3,500 in unwanted additional costs.

In addition, there is the emotional overspending factor to consider. Families under stress may feel compelled to overspend on caskets, services, or add-ons that can push that $8,300 median cost to $10,000 to $15,000 or more.

What Happens If You Don't Have a Funeral Plan?
Think about what happens if you don't have a funeral plan in place. Grieving loved ones have to try recalling or guessing at what you'd want at a funeral. In an already stressful situation, loved ones are feeling pressure to make quick decisions. Pictures, videos, and other memories may not be gathered in time for memoriam.

There's a better way to manage this. Why not contact Emigdio Vargas and Get Started Now?