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You may not want to think about end-of-life planning, especially if you’re young and healthy. However, the current pandemic has highlighted the need for all of us to think about our end-of-life wishes.
You can write your own will as long as you pay attention to your state’s laws to make sure it’s valid.
While you’re at it, draft an advance healthcare directive as well. This tells your doctor and your family what end-of-life medical care you want.
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We are all going to die someday, but most of us don’t like to think about that. A recent survey by Caring.com and YouGov found that more than 30% of people don’t have any estate planning documents, such as a will or trust.
I feel lucky that I just happened to have gotten around to updating my (very out-of-date) estate planning documents a few weeks before the Bay Area went into self-quarantine. I was able to get new documents drafted by my attorney. If I hadn’t done that, I would be scrambling to write my own will and advance healthcare directive right now. You should, too.See the rest of the story at Business Insider
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My husband and I got our life insurance policies from Costco and couldn’t be happier to pay $80 a month for peace of mindMy income has dropped 72% since this time last year, but I’m following a financial planner’s advice and putting as much money as I can into the marketWhole life insurance is an estate-planning tool that offers more than a death benefit, but it comes at a steep price
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