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resources or be paid for them by an outsider. What sift of outsider will step up and pay the obligations, mortgages, and taxes other than a life insurance enterprise?

Other than life insurance proceeds what the other imaginable sources for wampum at death are there?

Your widow might have the bundle in her savings and investments. She could take that do-re-mi, bank account you worked hard to set aside after income taxes and pay off the mortgages, bank loans, and other obligations. Then what would she do for her security?

Do you really want her to have to use that dinero, money that cost so much to create? Is this how you want her to remember your organization aptitude? Especially when you could have bought the money she'll wish for pennies a piece with life insurance? What will she and your mother in law and your kids conceptualize of you if you leave them like this?

In addition there is a huge cost for using your nest egg and investments for paying your eventual expenses. First you had to earn the fund and pay income taxes on it. Then you had to set enough of it aside regularly and long while enough for the compound growth of interest or stock appreciation again probably paying income taxes on the earnings.

The preferring situation you do as a saver and investor, the more and more balance your widow will lose when she has to sell out your hard earned savings and investments to pay your debts and eventual expenses.

I am not going to go waste any more time dealing to those of you who were successful enough to sock enough life savings away that your widow could pay your parting expenses from the investments you have created. You are much too smart to consumethese hard earned dollars on your eventual expenses.

Or your widow can sell some of your assets to raise the scratch she'll demand for to pay creditors, taxes, and mercantile business agreements.

If you are like most corporation owners, 75-90% of your personal assets are tied up directly or indirectly in your operating company. Selling assets to pay taxes and debts means selling diversified corporation assets. Selling partnership assets means that they are not likely longer available as part of the income generating machine.

Selling income producing assets and losing their corresponding ability to pave the way the business grow in order to invest your family's continuing security seems stupid to me. If you are a successful commercial owner you did not lay hold of that method by making stupid decisions.

Making your widow sell firm assets, close out her savings account, or sell off the investment portfolio to pay debts, taxes, and other known and unknown terminal expenses just is not the answer. Not if you want you widow and orphans to remember you as a successful caring father and husband. If you do not care how they remember you let them dispose of these holdings to keep your swearments and pay off your debts.

There is one other option that is potentially available. Maybe your widow could borrow the bundle. Take your wife with you to the bank tomorrow and talk to your banker. Intimate him your plan. Instead of buying life insurance to pay your loans and mortgages you are going to instruct your widow to come to the bank after your funeral, whether it's subsequent week or decades in the future.

She will want to extend the current line of credit, continue to pay on the current loans, and borrow move resources in order to pay the rest of the debts you will be leaving behind.

Then sit back and see what the banker has to say. Will they agree to your proposition, will they sign a contract to guarantee it? And what is the rate of interest that they will charge her?

Will she be able to make this work? Is this the contention you want to put her in?

Or why don't you call your life insurance counselor and bring out him or her that you probe an monograph that made it clear to you that if you want your mother to be proud of you, your widow not have to look for a new husband, and your kids to remember you fondly, it is time you increased your life insurance to address the circumstance to that you have created.


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