End of Life Planning: The Ultimate Gift For Your Loved Ones

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End of Life Planning: The Ultimate Gift For Your Loved Ones

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It’s not what you have at the end of life; it’s what you leave behind that matters. –Stedman Graham

End of life planning is a difficult topic to discuss, but it’s also vital to be prepared. As a matter of fact, preparing for the end can alleviate a very heavy burden off your loved ones’ shoulders and bring them peace of mind in the long run.

No one talks about their End Of Life plans and wishes, yet these can make all the difference to your family members. End of life planning can be an overwhelming topic. Understanding what End Of Life Planning is, and completing a thorough End Of Life plan, can be the ultimate gift for your loved ones. It will save them from costly or time-consuming legal difficulties after your death.

So, we are here to help you learn all about End Life Planning, starting with what exactly is it?

What is End of Life Planning?

You can think of End of Life Planning as a way of formalizing your wishes as you reach the last phase of your life. Oftentimes we find ourselves in a place where we are unable to share our final wishes.  Due to this, our loved ones find themselves in situations where they have to make tough choices.

Through creating an end of life plan you can make the following things clear:

  • End of life care preferences
  • The extent of required medical care ( how many medical interventions and treatments are you comfortable with)
  • Final wishes/ instructions
  • Funeral plans and arrangements

Although these are sensitive topics and they might make you uncomfortable, but it makes your wishes clear and reduces a huge burden (making difficult decisions on your behalf) off your loved one’s shoulders.

Bringing peace to your loved ones alone makes End of Life Planning absolutely worth it. In fact, you can think of it as a gift of a “lifetime” for your family.

What is the importance of End of Life Planning?

End of Life Planning ensures your wishes are official. It includes creating a Digital Legacy Plan, having your preferences set for the end of life care, Legacy Planning, and much more. Thus, creating an End of Life Plan is important to ensure different aspects of your life are taken care of and your loved ones are protected from stressful situations even after your demise.

Being prepared is always the better option. Especially, if you have been diagnosed with a terminal illness, End of Life Planning becomes crucial. It helps you establish your future decisions and help you take control over the last phase of your life.

Moreover, it allows you to protect your loved ones while securing your Legacy. It won’t be easy to prepare for the end. So, make sure you have a conversation with your family and involve them whenever necessary. It will help them understand the importance of End of Life Planning which might help them in the future.

How To create an End-Of-Life Planning Checklist

A checklist for your end-of-life plan will help you cover all the important aspects of planning for the end. And, we are here to help you prepare the ultimate End of Life Planning Checklist. Follow these steps to ensure all aspects of your end of life plan are covered:

  • Arrange essential end of life planning documents
  • Create a list of all your Assets
  • Decide your end of life housing plan
  • Write down your final wishes regarding funeral arrangements
  • Prepare an Obituary or a Death Notice.

These are the steps to keep in mind while creating an End Of Life Planning Checklist. Now, let’s discuss these points briefly to sort out any confusion you might have.

Arrange Essential End Of Life Documents

Here are a few critical documents that you should include in your End of Life Planning Checklist:

  • Living Will: It is a legal document that outlines your preference regarding medical care such as tube feeding, pain management, medication, resuscitation, and dialysis.
  • Last Will and Testament: Unlike Living Will, it allows you to express your wishes for “ after your death”. In a Last Will and Testament, you can determine how your assets should be distributed after your death. 
  • Living Trust: It is in some way similar to Living Will, only it determines how your financial assets should be distributed after your death.
  • Letter of Intent: It is not a legal document; rather, it is a personal way to express your “End of Life Planning” to your loved ones. You can include your final wishes regarding funeral arrangements, care instructions for pets, instructions for your Digital Assets, etc in a Letter of intent.
  • Letter of Competency: A letter of competency includes a letter written by your doctor that attests to your mental capacity at the time you draft your will or other legal documents. 
  • Financial Power of Attorney:  It grants a trusted person of your choice the authority to manage your legal and financial affairs.
  • Health Care Power of Attorney: It comes into effect only when you are unable to make medical care decisions on your own. Your Healthcare Power of Attorney can act on your behalf if you are incapacitated. 

Create a list of all your Assets

You can pass on your assets to your family members after your demise. Here are some examples of different types of assets to be included in your checklist.

  • Bank accounts information/ safety deposit box location
  • Real Estate/ Property details
  • Life insurance details
  • Pension/retirement plans
  • Online accounts- social media accounts, online subscription accounts, etc.
  • Investments and stock details

Decide your end of life housing plan

The first thing you can do is decide the type of housing you may need. You may need an assisted living facility, nursing home, or in-home care.

  • Assisted Living Facility: Before you decide your assisted living facility take a look at their layout and amenities, their services and the level of medical care they offer.
  • Nursing Home: Make sure the facility you choose is a good fit for your now as well as future needs. A nursing home is one step ahead of an assisted living facility as they more intensive care.
  • In-Home Care: It is a very different experience, and you need to see how comfortable you are with the caregiver staying in your house.

Write down your final wishes regarding funeral arrangements

Planning for funeral arrangements might seem ghastly but it is one of the mindful gifts you can give to your loved ones. Deciding on your funeral and burial plans can ease off their burdens while they grieve your death.

You can tell your loved one what sort of funeral you want. Here are a few types of funerals you can choose from:

  • Traditional service
  • Memorial service
  • Celebration of life
  • Ashes scattering ceremony

Prepare an Obituary/ Death Notice

Many people prefer to write their obituary and death notice on their own while others choose to simply have the conversation with their family members to let them know what all they would like to be included when the time comes.

A death notice usually includes basic information such as full name (and maiden name), and a nickname. It can also include the date and place of the death, surviving family members’ names and details of any service or funeral. And it also includes the names of charities or places where donations can be made to honor the deceased.

Conclusion

Think of End of Life Planning as a way of providing peace to your loved ones even after your death. It helps them in their grieving process while safeguarding all your assets be it tangible or non-tangible. It also ensures all your final wishes are known to your family and are honored by them

Digital Estate Planning is also a vital part of “End of Life Planning”. It sort of includes your final wishes regarding your Digital Life. You may not realize but it will provide a great sense of assurance to your loved ones when you are gone.

And, Clocr is here to help you in your End of life planning as well as Digital Estate Planning. So sign up at Clocr today!