Life is an enigma we struggle to find our way through on a day to day basis. Each day, there are over a hundred decisions we make without even thinking and several others that take us days to navigate through. As important as your family is to you, wouldn’t it be nice if some of those decisions were already taken care of and waiting on us, should we need them? There are, at least, three things you can prepare for that will make life a little easier in the long run.
Life Insurance
As hard as it is to fathom, if there is one thing that we are not guaranteed in life, it is our next breath. If you are the sole provider in your home, your death could mean a mountain of debt for those you leave behind. It is a good idea to invest in a great life insurance plan. If possible, invest in one for each member of your family.
Unfortunately, the next day is not a definite thing for any of us. Should the worst happen, at least taking care of funeral expenses would be one less stress. Understandably, this does not lessen the grief involved, but can help make things easier, financially, which can leave you and your family the privilege of time to grieve properly.
A Family Attorney
Along the journey of life, there are pretty predictable ups and downs. You and your spouse will laugh, cry, fight, and make up together. Your children will put you through the wringer, especially in the teen years, jobs will come and go, and inflation will always keep you on your toes.
However, there are some things in life that we just don’t see coming sometimes or do see them and just can’t do anything about them. Divorce, child support, terminal illness, and death are a few of those. Find a good family attorney. Develop a good rapport with them and make sure they understand your fears and what you would want done in each situation.
Last Will And Testament
The thought of a last will and testament doesn’t even cross the mind of many young people. However, it is encouraged that you take the time to sit down and record your last wishes for the benefit of those you leave behind. Again, there will come a day when the world will, sadly, have to do without you.
It would be a great comfort to most if they don’t have to guess about how you want to be taken care of and how to handle what you leave behind. Give them that comfort. Include your spouse and children, especially the matter of who will take care of them if they are still minors.
Make sure to name an executor. If you find the process a little too much or on the confusing side, you might need to seek the help of your family attorney.
Life can be rough. Go ahead and prepare for some of the worse parts of it and sleep better at night knowing if the worst happens, it’s already taken care of.
Originally posted on October 21, 2017 @ 1:15 pm
