Editor’s Note: Excited to bring you another Kimberly Talks: Money Matters column! This one is special because it’s part of a Facebook post from Kimberly BEFORE THE TRAGEDY – the mass shooting and killing in downtown Orlando on June 12. (Authorities reported that a man went on a shooting rampage at Pulse nightclub, leaving 49 people dead and 53 wounded. The gunman himself was killed by police during the shooting.) Kimberly Talks: Money Matters is published each month on the Business News page. If you want to learn more about the services Kimberly offers, contact her online: www. krswm.com.
Kimberly Talks: Money Matters
AVERAGE FUNERAL COSTS
The “average” funeral costs approximately costs between $7000 – $10,000.
Social Security will pay a surviving spouse or child a special lump-sum death payment of $255 if they meet certain requirements.
So let’s do some simple math:
$7000 – $255 = $6745
$10000 – $255 = $9745
HOW WILL YOUR LOVED ONES “COME UP” WITH BETWEEN $6745 – $9745 TO PAY FOR YOUR FINAL EXPENSES???
Don’t leave that burden on your loved ones – purchase life insurance!
Life Insurance is one of the few vehicles where you potentially pay pennies and get dollars. Most people NEVER pay in premiums what they receive in benefits.
Side note: A few days after this post on Facebook, the horrific tragedy at Pulse nightclub occurred. We commend Kimberly R. Stewart for her work in the Central Florida community, educating the public on financial matters. She is extending her services for free to anyone affected by this tragedy. She said, “If you know of anyone affected by this horrible tragedy, who is in need of Financial Counseling, needs some help sorting through life insurance, not sure how to complete life insurance forms, need help making final arrangements, need help navigating the decisions that must be made, etc., please share my information with them.”
They will ***NOT BE CHARGED ONE PENNY!***
Further, they do not even have to step foot in my office, I WILL GO TO THEM! They don’t even need to know the name of my firm; all they need to know is that I am QUALIFIED, I am WILLING TO HELP and it’s FREE!
© Orlando Community News, 2016