(air whooshing)
(bright music)
- Hey, everybody, it's Paul
from Cary Estate Planning
back with another video as part
of our 2020 video challenge.
Today, I wanna talk about another tip
for things you can do
now that are non-legal,
that will make things easier for yourself
at the end of your life
or for your family after you're gone.
Number four is pre-need
whole life insurance,
and this goes along the
same vein as preparing,
or pre-planning rather your
cremation, burial or funeral,
but this is essentially
creating a funding mechanism
for your family to take
care of your arrangements
after you're gone.
By essentially creating
an insurance policy
or purchasing an insurance
policy that will pay the funds
to either a cremation
society or a funeral home
to basically take care of the expense
of planning your final arrangements.
And so making sure that
that funding is in place
ahead of time makes it so that your family
doesn't have to pay for
it after you're gone,
and then potentially wait to be reimbursed
from the assets in your estates
or from your accounts that
are transferring to them.
This is Paul from Cary Estate Planning.
(bright music)
