Wills - Don’t Deny, Don’t Delay
Jan 24th, 2008 by Editor
I picked this story up from Wisebread. This article was posted by Nora Dunn. She wrote:-
A friend of mine mourned the loss of her husband, who died of a heart attack at age 56. Although most people understand their mortality by the time they reach their fifties, this man didn’t believe in insurance or planning for the future, and hence died with no coverage, very few assets, and no Will.
For years prior to his death, my friend fought a losing battle with her husband, encouraging - even begging - him to consider a Will, powers of attorney, and insurance. His never-changing reply was “What do I care? I’ll be dead anyway. Everything will go to you and that’s that”.
Because the husband did not manage his estate and taxes properly, what the poor widow was left with is a mountain of debt consisting of lawyer’s fees, accountant’s fees, taxes, probate and funeral bills
After three years of toiling to resolve his estate (which appeared uncomplicated at the onset) and paying off the ensuing bills which ended up being over $100,000, my friend wanted a divorce from her late husband.
Can you imagine wanting to divorce your late husband? That’s how much misery you can leave your family with. It is pretty selfish to know you can cause such heartache but not willing to take any steps to alleviate it.
Don’t deny the fact that we will die someday. And don’t delay doing something about it.