Don't have an account? To participate in discussions consider signing up or signing in
facebook connect
Sign-up, its free! Close [x]

Benefits

  • okay Create lasting relationships with other like minded women.
  • okay Blogging, let your voice be heard!
  • okay Interact with other women through blogs,questions and groups.
  • okay Photo Album, upload your most recent vacation pictures.
  • okay Contests, Free weekly prize drawing.
  • okay Weekly Newsletter.


(Part 2)  The Unthinkable. Talk To Your Spouse.  

I know how difficult it is to talk to one's spouse about the possibilities that one of you may die in future. It is a difficult subject to bring up, and when is the right time to do it?
I'm not sure there was EVER a comfortable time for me to even utter the words that one of us could die, let alone what would happen to ME financially were He to die. And so
I waited until it was too late. Even though I am happily remarried, I feel the "sting" in my eyes, and a tightness in my throat. Why had I waited, we were married 15 years for heaven's sake! For me, it was the fact that it was a second marriage for me and I didn't want to seem "money hungry," and I didn't want him to think I hoped he would die.
Because I had waited, I knew nothing about our financial status regarding what stocks he owned, or other account information. That information included who the beneficiaries were, where the papers were kept, and the amounts.  

This is a disaster waiting to happen! Not only mentally for the surviving spouse, but financially as well. My husband had been a stockholder in a business that provided us
with enough money to retire with. However, my husband decided to invest in stocks, and also bought a business he had always dreamed of owning. My feelings as to how he chose to invest this money are irrelevant, however what is relevant is that I knew nothing about his business, or the stocks he had invested in. I felt I had no right since he had earned this large amount of money. Although I must add that it was my severance pay from a company I worked at for many years that purchased the first stocks that bought into this new company.  

I beg all of you to know your financial status if you are unsure. Take these pages I have
written if it will help to bring this subject to the forefront, but do NOT wait!



  •  

Member Comments

    • 0 votes vote up vote up

      Linni wrote Oct 26, 2008
    • good information Della, thank you..
      why is it we procrastinate on the things we need to do? i am working on that at the moment! lol



            Report  Reply


    • 0 votes vote up vote up

      Mary Clark wrote Oct 26, 2008
    • My husband and I have everything in place....updated wills, power of attorneys, living wills....you name it ...we got it.  He knows my wishes and I know his.  And it’s all in one place....it is very important to have all of that in place.  Believe me I see it a lot dealing with people’s banking accounts.  Dealing with everything after a loved one such as a spouse or a parent dies...is very hard.  There is a lot to do and not having things mapped out just causes more grief and problems for the loved one left behind.  

      It’s a 100% chance you are going to die....so why not make sure everything is taken care of when your time comes.



            Report  Reply


    • 0 votes vote up vote up

      Shopgirl1960 wrote Oct 26, 2008
    • That is SOooooooooooooo wonderful Mary!!!! I am so happy to hear that girlfriend!!!
      And good for you Linni.... and as those “blue ?” guys say,“Get er’ done!” Hee Hee



            Report  Reply