Burial Insurance and Letter of Wishes

 
"I have life insurance through the company I work for as well as private life insurance through 2 different companies.
I got the whole life policy almost 18 years ago and I will be finished contributing towards it in about a year. It will be something I will always have no matter if I stop working and don't have any other insurance. At least my family won't have to worry about burying me after I'm gone.
My mom had no insurance at all. I thought she did but she didn't. And when she died... her funeral cost had to be split among my family."

Do not be a burden to your family, get your Burial Insurance. We are a leading company in Burial Insurance.Give us a call 813-964-7100 or email us at http://www.mintcofinancial.com/quotes/final-expense-life-insurance-quote/

Letter of Wishes


You may already have a will and a Power of Attorney or Living Will, but have you thought about who will handle important financial matters and what your wishes are in the event of your death?    I suggest that you write a letter to your family, typically addressed to your spouse (usually the executor of your will). You may also want to address the letter to your children, particularly if they are the primary beneficiaries of your estate. This letter is meant to provide assistance and guidance to your family regarding items not covered in your will. It will not change your will. Here are some points to cover in your letter:

1. Funeral and burial arrangements: Where, by whom, what kind, and at what cost?
 
2. Anatomical gifts: Identify the nature and location of any anatomical gift declarations you have made. 
 
3. Memorials and contributions: Identify what organizations or institutions might be appropriate recipients of memorials or charitable donations made in your memory.
 
4. Preparation of obituary: Should your obituary be prepared in advance and updated periodically? To which newspapers or websites should it be sent?
 
5. Notifications of friends, relatives, business associates, and colleagues in charitable or civic groups. Identify those persons to be contacted upon your death, noting any particular requests or messages to be given, and listing their current addresses and phone numbers.
 
6. Location of your safe-deposit box and its key.
 
7. Location of your will and estate planning documents: Include any trusts, buy/sell agreements, or extraneous writings incorporated in your will.
 
8. Medical and hospital coverages and location of the policies.
 
9. Social Security and Veterans Administration benefits: Identify current or potential benefits.
 
10. Life insurance: Indicate where policies are located and what steps should be taken to collect policy proceeds.
 
11. Location and explanation of title documents and other records relating to your assets. Include deeds, stocks, bonds, bank accounts and deposits, retirement plans, and vehicle titles.
 
12. Identify obligations involving periodic payments, such as your home mortgage, car loans, and other debts, including amount and to whom payable.
 
13. Identify your attorney and professional advisers (including your accountant, broker, trust officer, and insurance agent) who you currently use or recommend.
 
14. Key employees and business friends to keep business operating until sale. Remember, the value of an ongoing business is much greater than a closed one.