It’s not pleasant to think about, but it could happen: while travelling, you could pass away unexpectedly. How would this affect your family? In addition to coping with the emotional shock, they might have to deal with language barriers, bewildering local laws, and the task of bringing your remains back to Canada. But by planning ahead, you can greatly ease this potential burden.
For starters, consider purchasing a prepaid funeral plan. Depending on the plan, the funeral home can deal with statutory or customs requirements of the country in which the death occurred.
If you haven’t made your final arrangements, or if your plan doesn’t cover international transportation, your family might have to spend thousands of dollars to move a casket, though the costs may be considerably lower if you choose cremation. To alleviate these concerns, consider purchasing travel insurance before you go abroad.
Depending on the policy, travel insurance can cover body preparation, paperwork, associated certificates, casket and, most importantly, transportation of the body or ashes from the place of death to Canada, and then to a funeral home.
If you’re a snowbird with property in Florida or another warm-weather state, your survivors would also have to deal with the legal and tax questions related to your property. If you die without the appropriate legal documents, such as a Will or a Trust, your property must go through the time-consuming, expensive, and highly public process of probate, whereby a court will determine ownership.
If you at least have a Will in Canada, your family could hire U.S. attorneys to attempt to have it accepted by a U.S. court, but there are no guarantees. Your survivors might be better off if you establish an Expatriate Last Will and Testament or a Cross Border Trust. Consult with your lawyer to determine which option is best for you.
Chances are you will enjoy your trip and return home safely. Still, by prepaying your funeral, taking out adequate travel insurance, and by placing your U.S. property in your estate plans, you can minimize the financial costs and logistical challenges your family would face if you died unexpectedly in another country or continent.
Arbor Memorial is one of Canada’s largest funeral and cemetery providers, in operation since 1947. With more than 130 locations from coast to coast, many of which include both a cemetery and funeral home on one property, Arbor helps you create memorials and experiences that are a true reflection of yourself or your loved one.
Silver Sherpa helps elders and their families plan ahead and implement next steps for every aspect of life. Schedule a complimentary consultation with us today.
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