I read a MarketWatch article by Chanel Reynolds and thought I’d share. Some good points were brought up in the article.
Some Excerpts:
Making big and often very hard decisions during a stressful and emotional situation adds more pain, suffering and confusion to what is already a terrible time.1
“Four years after my husband was killed in an accident. I had mostly gotten my sh-t together (completed my will and power of attorney documents, created an emergency fund, got more life insurance, specified my end-of-life wishes, recorded important account and password information, etc.) and encouraged my parents, friends (and the whole world via my website Get Your Sh*t Together) to make it easier on everyone after they die, too.”1
And after my husband spent a week in the emergency room and intensive care, before I had to remove him from life support, I know how dramatically having a few basic things completed in advance can make a very impossibly hard and painful time a little bit softer. Having had some plans in place (like some life insurance and a strong support community) was lifesaving for me.1
Not knowing the password to my late husband’s phone to reach some of his family members? No emergency savings? Let’s just say there was a permanent red spot on my forehead after the hundreds of times I slapped myself.1
I didn’t have answers to these “what-if” scenarios when I really, really needed them.
Start now. Taking five minutes to write down a few essential passwords and updating your beneficiaries (online, it’s super easy!) can make a huge, huge difference. Then, do another five minutes the next day, or following week.1
To read the entire article for more tips, click on the web link below:
1. Source: MarketWatch Online Article by Chanel Reynolds entitled: "Catastrophe struck when my husband was killed. Here’s what I learned about creating a ‘what if’ plan"
Note: Life Insurance information can be confusing to many people. As an "independent licensed agent" I can explain things to you in simple terms so you feel comfortable making a decision. Then I can help you choose a life insurance policy, from many choices of different insurance companies, that you feel fits your needs. Plus if you choose to work with me you will have personalized service by a local agent that can shop premium quotes for you. If you would like my assistance to discuss and/or start the process of getting you insured please call me at 941-404-5334.