MagnetoHydroDynamics comments on On Not Having an Advance Abyssal Plan - Less Wrong
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I have been personally doing this for years with really nasty personal scenarios. From broken bones to amputation of limbs to death of family members, etc.
It is liberating, but you have to overcome your initial mental pain reflex. It hurts to imagine a funeral for your significant other, but you need to know what to do in the case: find a good psychologist in advance and know who of your friends you can depend on to make sure you don't get ripped off by an undertaker.