As explored in a earlier article, legacy planning is multifaceted, from managing investments, to making a will, making CPF nominations, LPAs and far more. Nevertheless, one essential aspect usually neglected is funeral prices. Incorporating funeral bills into legacy planning ensures that your ultimate needs are revered, easing each the monetary burden out of your family members, and the necessity to second-guess your most popular funeral preparations. This text will delve into why funeral prices are a significant part of legacy planning and spotlight the assorted elements to think about.
Why You Must Embody Funeral Prices in Legacy Planning
Legacy planning is as a lot about managing property as it’s making certain that your end-of-life preparations are dealt with in line with your needs. Together with funeral prices in your legacy plan thus supplies a number of advantages:
Easing the Monetary Burden on Beloved Ones
Funerals may be costly, and the prices can differ broadly relying on preferences and
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