A living will (also known as a "healthcare proxy" or "advanced directive") is a legal document used to inform medical workers and doctors of your medical and health care decisions and preferred medical procedures and treatments during end-of-life conditions and life-threatening conditions. This document has no effect after your death.

Life insurance can be used to leave an inheritance for family and friends as well as help pay funeral expenses. This is why life insurance is important to get.

In the midst of dealing with the grief of the loss of a loved one and the planning of a funeral or wake, it can become lost how to pay the final bills and expenses of a loved one. Let alone who is or should be responsible for doing so. This can be especially difficult if the deceased didn’t keep track of bills that needed to be paid well or lived alone and no one else is aware of what expenses they had. Once the funeral has taken place, the estate will need to be settled and part of that entails paying a loved one's final bills and expenses.