After cremation services in Chesterfield Township, MI, families of the deceased have to take care of all of the affairs of their loved ones. Among these are dealing with financial matters, and that will very likely include debts the deceased owed to creditors.

If you die and you have life insurance or valuable assets, then your family will be in a good financial position and will be able to take care of all your affairs. However, it’s important to know that any debt that you have accrued will not die with you.

If you die with a substantial amount of debt, then paying those off could erase all the financial security that you intended to leave so that your family could be taken care of.

If you do not have life insurance or any valuable assets that can be sold, then your family members may have to take on the responsibility of paying off all of your debts. This will be a tremendous financial burden for them and could easily make endanger them financially, both now and in the future.

Approximately three-quarters of American adults have outstanding debts that must be paid after they die. The average amount of debt that includes a home mortgage is $61,554. The average amount of debt without a home mortgage debt averages is around $12,875.

The question arises as to whether your loved ones will inherit your debt when you die. In most cases, your individual family members do not have the responsibility for paying off your debts. However, your estate, which includes life insurance, physical property, and financial assets, is responsible paying off all the debt that you owe.

If some of your debt is secured, such as debt from a car loan or a mortgage, then the car or home can be sold and the money from the sale can be used used to settle the loans. If the property is not sold to pay off the loans, then the financial lenders can repossess or foreclose on it to recoup some of their money.

In the case where a family wants to keep the family home that everybody grew up in, the person in the family who gets the house will have to finance a new loan in their name, making them liable for the debt that they are incurring.

If your debt is unsecured (as with credit cards or unsecured personal loans), then your estate has the responsibility to pay unsecured debt off with any money that it has before your beneficiaries receive their inheritances.

However, if your estate does not have enough money to pay off all your unsecured debt, then your estate will be declared insolvent. Your executor will have to go through the legal system – probate – to get a determination made as to which debts should be paid.

Debts that are not secured or unsecured debts are your sole responsibility, so they will be discharged when you die. This means they do not have to be paid.

If you leave debt with a cosigner who is still living, then your debt will be the cosigner’s responsibility to pay. On some cosigned loan agreements, lenders require that the debt be paid in full immediately after you die.

This can put your cosigners in a financial bind, especially if they are not beneficiaries of your estate and they don’t have the money needed to pay the debt in full.

For joint loans, like that of a married couple who have a home mortgage together, the borrower who survives becomes responsible for the remaining amount of debt.

For information about cremation services in Chesterfield Township, MI, our caring and knowledgeable staff at Lee-Ellena Funeral is here to assist you.

Cremations are one of the cremation services offered in Washington Township, MI. While cremation is a very popular funeral option, many people don’t really know what happens during the cremation process.

Here is a brief overview of what steps take place during the cremation process.

With cremations becoming a very popular choice among Americans as a final disposition instead of the traditional underground burial, it’s important first to understand why. There are a few reasons.

Many funeral directors have noted a rise in the number of cremations since the Great Recession of 2008, while they have seen the number of underground burials go down, so there is likely an economic component to why cremations are more popular than ever.

In addition, cremations are considered to be more environmentally friendly than underground burials, so many people are choosing cremation as a way to help protect the environment. A third reason is that there are a myriad of things that families can do with their loved one’s cremated remains, and people like the increased flexibility cremation offers.

The practice of cremation has a history almost as long as that of humans themselves. In the ancient Greek and Roman cultures, cremations were grand celebratory fetes that honored brave, famous, or heroic people.

Additionally, militaries that were fighting in far away from home cremated their dead, and then took the cremation remains back home to be buried in elaborate ceremonies.

The majority of people who died were cremated, until Constantine adopted Christianity as the official religion of the Roman Empire. Constantine felt strongly that he needed to draw clear distinctions between Christianity and pagan religions.

Because many pagan religions incorporated burning people alive as part of their worship to their gods, Constantine essentially banned cremations and replaced them with underground burials.

Underground burials remained as the traditional final disposition method in the Western world until religions began removing their prohibitions of cremations, enabling Christians to make their own choice as to whether they wanted to be cremated or buried.

There are some interesting things about cremations that you may not be aware of.

Cremation containers don’t contain ashes. The remains of cremations – what is left after the cremation process – are bones. The bones are pulverized to the consistency of sand, giving them the appearance of being ashes, and they are returned to the deceased’s family.

Bodies are cremated one by one. Cremation units, which perform the cremation process, can hold just one casket or cremation container at a time.

Crematories have the responsibility to make sure the family gets the correct cremation remains. All crematories follow the same procedure to ensure that this happens.

Each body to be cremated is tagged with a flame-retardant tag as soon as it arrives at the crematory. The family identifies the body either with a current photo or in person. The tag remains with the body throughout the cremation process and is attached to the container with the cremation remains that is given to the family.

Cremations generally take between two and three hours because of the intense heat sources applied that allows a body to burn that quickly.

You can have funeral services for someone who is being cremated. Funeral homes routinely arrange funeral services for people who are being cremated. The funeral service can be held with or without the body of the deceased present.

Cremation remains can be buried in cemeteries. Approximately 10% of cremation remains are buried underground in cemeteries. Many cemeteries are now created landscaped urn gardens for the burial of cremation remains.

For more information about cremation services in Washington Township, MI, our caring and knowledgeable staff at Lee-Ellena Funeral is here to assist you.