Final Expense Estimate

Final Expense Estimate

How to Estimate Final Expenses – i.e. a recommended amount of life insurance to help pay for hospital and medical expenses, funeral and burial costs, taxes, debts, estate administration fees and costs and death taxes. An appropriate amount of life insurance guarantees that this amount will be paid to the family swiftly, outside of probate and with only minimal administrative requirements. Use the below questionnaire to estimate your final expenses. Bear in mind that Social Security provides a lump sum of only $255; this “benefit” is payable only to an eligible surviving spouse or child.


If a Family wage-earner dies, how much cash will be needed?    

To cover the costs of health care (not covered by insurance)

For a last illness:

  • hospital?                                                         $__________
  • doctor?                                                           $__________
  • medicines?                                                      $__________
  • other?                                                             $__________

To cover burial expenses:

  • funeral?                                                           $__________
  • religious services?                                           $__________
  • cemetery lot?                                                  $__________
  • grave marker?                                                $__________
  • funeral luncheon?                                            $__________
  • other?                                                             $__________

To cover personal obligations:

  • mortgage?                                                       $__________
  • household bills?                                               $__________
  • installment payments?                                     $__________
  • loans?                                                              $__________
  • unpaid pledges and liens?                               $__________
  • other?                                                              $__________

To cover estate administration costs and fees:

  • court fees?                                                                $__________
  • legal fees?                                                                $__________
  • accountant, appraiser and other expert fees?          $__________
  • other?                                                                       $__________

To cover taxes:

  • estate taxes?                                                    $__________
  •  inheritance taxes?                                             $__________
  • income taxes?                                                  $__________
  • property taxes?                                                $__________
  • other?                                                              $__________

Estimated Total Final Expenses                                     $___________*


* Rule of Thumb: Typically, half of the annual family income should suffice; however, each individual circumstance must be reviewed in some detail.



Providence Association Election Results

The Election Commission of the Providence Association issued the final results of the 2017 Elections for the Executive Board, Directors and Auditors of the Providence Association of Ukrainian Catholics in America for the term 2018 – 2022. The Commission’s report …


Check your mailbox for your Providence Association Election Ballot!

Providence Association of Ukrainian Catholics in America Election Ballots are being delivered to all eligible members by US Mail!


Welcome Very Rev. Andriy Rabiy! Вітаємо всечеснішого отця Андрія Рабія!

The Providence Association joins the Ukrainian Catholic Archeparchy of Philadelphia in welcoming the appointment of Very Reverend Andriy Rabiy as Auxiliary Bishop of the Ukrainian Catholic Archeparchy of Philadelphia. Welcome and “Многая Літа”!


Excerpt from Providence Association Bylaws Regarding Elections

Attached below are sections of the Providence Association Bylaws regarding Elections. ELECTION OF THE GENERAL ASSEMBLY   Every qualified member of “The Providence” who is a practicing Catholic, of upright character, between the ages of 21 and 70, a member …