Life Insurance. I Have None. Do You?

I have life insurance through work for me, the queen and the three kiddos. God forbid if anything happened to any of them, the financial part is just something I wouldn't want to deal with. It's pretty cheap too and not a bad policy.

Also, for any of you who might have stepchildren like I do. For fuck's sake DO NOT put your stepkid as a beneficiary. When the queen and I married, she already had a daughter. I wanted to make her my second benefactor, but the our business manager said, "Do you trust her father?"

I think those of you who know me know that answer. I don't trust him any further than I could throw him. So I named my brother as the second benefactor with the understanding the kids get the money.

 

good point, king.

 

WFW

 

hellboy's friend disagrees with you. and me. and everyone else that's posted here, it seems.
(sorry, hb, but dem's the facts.)

 

I'm worth a shitload more dead than alive.
Shhhhh. Don't tell my wife.

 

she already knows, joe. they all do.

 

If you have a kid, make a will. Period. Like, yesterday.

At the very least, any life insurance you have should cover your funeral expenses (yes, it does cost to get cremated and have a memorial service ... there may be a church hall rental, urn cost, whatever).

It should also be enough to cover any debt you may have. You don't want to pass that debt on to your next of kin. Mortgage, car loan, credit cards, whatever. Some debt dies with you (student loans, I think) but other types don't. Find out about your debt and get insured accordingly.

 

Cadet is right -- cremation costs. My friend's dad was cremated. She went with all the cheapest options (long story -- they were estranged and he had no other family) and it still cost her something like $2,000.

I know that writing a will freaks people out, but you have to do it. Especially if you have kids. Making your wishes known aside, it makes dealing with what you leave behind so much easier for your grieving wife/husband/kids/parents.

 

Your posts suggest you are a petty, petty person.

 

no, that's tom. he's the petty. you've probably not met him yet.

(I did ask, in all seriousness, why you feel the way you do, other than just taking the word of an insurance salesman. haven't seen anything on that, and still would be interested.)

 

is there an 'understanding' between you and bro or is it written in the will? as a lawyer i've seen enough vicious family disputes that i would advise you to get it written in the will.