If you're squeamish about your own demise...get over it and read this anyway...
He taught me by example that now is the time for me to think about how best to handle who gets my mansions (yeah, right...) and my wishes for what to do with the body when my spirit takes a hike. I follow his lead, not just because he proved his sound mind for business, but because I experienced the fine results of the preparations he so smartly, and thoughtfully made at about the same age I am now. We foolishly mocked his "way too advance planning" then, but I thank him now with great love & respect.
So, I proudly share his wisdom with you, in the hope that you won't make the mistakes of so many that give probate attorneys and "funeral homes" far more than necessary from your estate's wallet.
DO NOT wait until the grim reaper is upon you to make your plans; don't wait until you're eighty, either. And leaving this to your children is a: actually unkind, and b: costly.
It's unkind because when you die, unless you've been a real prig of a parent, your children will be grief-stricken; we've all experienced this with the loss of our parents. The greatest gift you can give your kids is to not force them to figure out what you would have wanted at the height of their mourning - instructions written on a napkin or discussed at Uncle Ted's funeral don't count.
Costly because paying at the time of your demise (which no doubt will be decades from now) will mean paying far more than you will today.
My father pre-arranged for both he and my mother in 1991, thus paying early-90's prices for funerals that would've costed at least twice as much if we'd paid for them at the time of their death (2009/2013 respectively). And both had just what they wanted; all we had to do was sign off for it when their time came.
My family was solidly middle-class - no silvery spoons here. Even more reason my father wanted to safeguard what he had. The platinum standard for doing just that is to create a quality estate plan, and create a trust for your estate (which is why the wealthy do it)...not doing so is a: costly, and b: costly.
The math is simple: what you pay an attorney to place all your assets in a trust (probably $2K) is far less than your heirs will pay in probate costs without one. With my father and mother's trust, at their death we paid not one penny for their assets' transfer to us, from the house to their investments; all moved seamlessly and at no cost to their heirs. As to estate planning, having your liquid assets in a quality fund keeps your money making great returns (Dad's averaged 10%) - without one you're literally losing the money your money could've been making.
OK, squeamish ones...you can open your eyes, now.
You have been officially alerted....