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Beth1210
It's An Obsession
Member since 6/05 4058 total posts
Wedding Date:
12/10/2005 7:30 PM
Wed. Location:
Flowerfield
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In light on Janet's situation....
is anyone prepared for that? I feel like I am in la la land and if something terrible happened I would not know what to do
besides Life Insurance- which I am calling about tomorrow- what else can we do?
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Posted 3/20/06 4:50 PM 
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FallBride05
1st Anniversary Trip - BOOKED!
Member since 7/05 3406 total posts
Wedding Date:
11/13/2005 12:30 PM
Wed. Location:
Crest Hollow Country Club
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Re: In light on Janet's situation....
DH and I talk about this alot, but never do anything.
I think it's VERY important no matter how old we are to have the following:
Will
Living Will (as we hopefully learned from the Shrivo case)
updated Life Insurance
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Posted 3/20/06 4:53 PM
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Beth1210
It's An Obsession
Member since 6/05 4058 total posts
Wedding Date:
12/10/2005 7:30 PM
Wed. Location:
Flowerfield
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Re: In light on Janet's situation....
this is a wake up call for us- we talk about it too- but never act on it
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Posted 3/20/06 4:55 PM
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JodiBabe
John's Lighthouse Lady
Member since 4/02 4280 total posts
Wedding Date:
9/13/2003 11:30 AM
Wed. Location:
Beach Club Estate, Ronkonkoma
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Re: In light on Janet's situation....
We both have Life insurance
Only I have a will, Health Care Proxy, & Power of Attorney (all of which I had before I met DH & they MUST be updated) . My DH needs to get all of these.
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Posted 3/20/06 5:21 PM
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SomethingBlu
Enjoying the journey...
Member since 10/04 10523 total posts
Wedding Date:
5/27/2005 3:00 PM
Wed. Location:
Jericho Terrace - A+
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Re: In light on Janet's situation....
I have life insurance, my DH doesn't. And I can't even think about this right now. Janet's post breaks my heart. I pray that they'll be blessed. Keith is in my prayers. This has to be oone of the saddest things I have ever read.  
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Posted 3/20/06 5:35 PM
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Mrs. dleeny
My most beautiful day ever
Member since 3/05 12394 total posts
Wedding Date:
11/6/2005 5:00 PM
Wed. Location:
Swan Club A+
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Re: In light on Janet's situation....
Posted by Beth1210
this is a wake up call for us- we talk about it too- but never act on it
you're right! this is definitely a wake up call. time to set up an appt to draw up wills 
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Posted 3/20/06 7:33 PM
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Bunnymonkey
Feels like home to me...
Member since 6/04 4861 total posts
Wedding Date:
6/11/2005 5:00 PM
Wed. Location:
Raphael Vineyards
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Re: In light on Janet's situation....
this is so sad - i cannot even fathom what she is feeling right now.
we talk and know each others wishes, but nothing is in writing. this is an important wake up call.
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Posted 3/20/06 11:01 PM
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Marisa M
Board Fanatic
Member since 9/04 734 total posts
Wedding Date:
5/20/2005 3:00 PM
Wed. Location:
Watermill
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Re: In light on Janet's situation....
I work in Life Insurance & Annuities .....EVERYTHING MUST MUST MUST be in writing - CLEARLY - i(s) dotted, t(s) crossed.
I am constantly on DH about this because I would NEVER want anyone I cared about (nor myself) to be in a position of additional stress and confusion at a time like that ......
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Posted 3/21/06 12:18 AM
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Mrs. Powell
DH Sure Knows How to spoil Me
Member since 10/05 3105 total posts
Wedding Date:
9/4/2005 12:00 AM
Wed. Location:
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Re: In light on Janet's situation....
Posted by Beth1210
this is a wake up call for us- we talk about it too- but never act on it
This is so true. This really makes me think really long and hard.
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Posted 3/21/06 7:52 AM
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jeanla4c
THREE YEARS already!
Member since 8/04 5242 total posts
Wedding Date:
7/9/2005 2:30 PM
Wed. Location:
Chateau La Mer
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Re: In light on Janet's situation....
Posted by dleeny
Posted by Beth1210
this is a wake up call for us- we talk about it too- but never act on it
you're right! this is definitely a wake up call. time to set up an appt to draw up wills
YEs, it is on our list of to dos but we haven't gotten to it...really wakes you up...they are in my thoughts and prayers!
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Posted 3/21/06 9:03 AM
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FallBride05
1st Anniversary Trip - BOOKED!
Member since 7/05 3406 total posts
Wedding Date:
11/13/2005 12:30 PM
Wed. Location:
Crest Hollow Country Club
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Re: In light on Janet's situation....
DH and I had LONG talk about this last night. He's calling to make an appointment for us today.
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Posted 3/21/06 9:15 AM
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Blu-ize
My House
Member since 8/04 8305 total posts
Wedding Date:
2/28/1998 6:00 PM
Wed. Location:
East Meadow Jewish Center
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Re: In light on Janet's situation....
I did our wills and health care proxies on Willmaker Pro. Did it myself and it's really not difficult. They have to be witnessed and notarized.
If it makes you comfortable go to a lawyer, but this is easy and can be done quickly.
ETA: disability insurance is much more valuable in cases like this than life insurance. I hope it doesn't come to this, but if you are disabled and can't work, you need to have income. SS disability will not pay what a good disability insurance policy will cover.
Sandly, it sounds like there may also be a need for home health care insurance.
Message edited 3/21/2006 10:11:20 AM.
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Posted 3/21/06 9:59 AM
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shamrock12472
"I'm Addicted"
Member since 5/04 1280 total posts
Wedding Date:
9/17/2004 6:30 PM
Wed. Location:
Atlantis Marine World
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Re: In light on Janet's situation....
Posted by Blu-ize
I did our wills and health care proxies on Willmaker Pro. Did it myself and it's really not difficult. They have to be witnessed and notarized.
If it makes you comfortable go to a lawyer, but this is easy and can be done quickly.
ETA: disability insurance is much more valuable in cases like this than life insurance. I hope it doesn't come to this, but if you are disabled and can't work, you need to have income. SS disability will not pay what a good disability insurance policy will cover.
Sandly, it sounds like there may also be a need for home health care insurance.
All excellent points. I will add that I think going to an attorney for a durable power of attorney is important because there is very specific language that needs to be in the document for the POA to be able to do certain financial transactions. Also, an attorney that specializes in estate planning will be able to advise you much more specifically on planning...in terms of trusts, wills, etc.
Long Term Care insurance is also something that should be investigated. Over 40% of people needing long term care are in pre-retirement years.
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Posted 3/21/06 10:20 AM
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Blu-ize
My House
Member since 8/04 8305 total posts
Wedding Date:
2/28/1998 6:00 PM
Wed. Location:
East Meadow Jewish Center
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Re: In light on Janet's situation....
Posted by shamrock12472
Posted by Blu-ize
I did our wills and health care proxies on Willmaker Pro. Did it myself and it's really not difficult. They have to be witnessed and notarized.
If it makes you comfortable go to a lawyer, but this is easy and can be done quickly.
ETA: disability insurance is much more valuable in cases like this than life insurance. I hope it doesn't come to this, but if you are disabled and can't work, you need to have income. SS disability will not pay what a good disability insurance policy will cover.
Sandly, it sounds like there may also be a need for home health care insurance.
All excellent points. I will add that I think going to an attorney for a durable power of attorney is important because there is very specific language that needs to be in the document for the POA to be able to do certain financial transactions. Also, an attorney that specializes in estate planning will be able to advise you much more specifically on planning...in terms of trusts, wills, etc.
Long Term Care insurance is also something that should be investigated. Over 40% of people needing long term care are in pre-retirement years.
Yes, LTC insurance is what I meant. 
Also the Willmaker program is complete. Check it out.
Message edited 3/21/2006 10:44:35 AM.
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Posted 3/21/06 10:43 AM
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hmpena
Momma to be- team blue!
Member since 1/05 14747 total posts
Wedding Date:
1/15/2006 3:00 PM
Wed. Location:
Fox Hollow A+
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Re: In light on Janet's situation....
DH and I are definitely not prepared. I cannot imagine what Janet must be going through.
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Posted 3/21/06 11:55 AM
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wood2be
My Prince has come!
Member since 1/04 2639 total posts
Wedding Date:
10/10/2004 3:00 PM
Wed. Location:
Montauk Yacht Club - FM me for details
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Re: In light on Janet's situation....
My bestfriend became a widow at 34. She was left with 2 children, 6 months and 3 years and 2 teenaged step children. Her husband had no life insurance, no mortgage insurance, nothing. That was my wake up call!
Life can change so quickly! My heart breaks for Janet.
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Posted 3/21/06 2:08 PM
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nylibride
Home improvement expert now...
Member since 3/04 1095 total posts
Wedding Date:
10/16/2005 3:30 PM
Wed. Location:
Carlyle on the Green
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Re: In light on Janet's situation....
You make SUCH a great point. We should all have these things. You never think that something bad will happen.... B ut I would want to make sure my husband was taken care of and had the right to make decisions for me and vice versa for him....this is a wonderful thread to increase all of our awareness. Thanks for posting.... More prayers to Janet and Keith....
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Posted 3/22/06 9:28 AM
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David'sbride
Soon to be Mom of Twins!!!!
Member since 7/04 3412 total posts
Wedding Date:
7/4/2005 11:00 AM
Wed. Location:
Watermill
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Re: In light on Janet's situation....
Posted by Beth1210
is anyone prepared for that? I feel like I am in la la land and if something terrible happened I would not know what to do
besides Life Insurance- which I am calling about tomorrow- what else can we do?
I lived through this at age 27 when my Dad had a massive stroke. He has "recovered" but is partially paralyzed, can't speak more than a word here or there and can't live on his own. No cooking, bathing or chores. I know more about it than I would wish on anyone. the younger you have a stroke the worse it is. I was my father's fulltime caretaker for 7 years... NO HELP, no cleaning lady, home contractors, nothing. I am his power of attorney, his chauffer, shopper, cook, etc.
That said, we are very prepared. Paperwork was drawn up BEFORE we were even married and signed the day I got back from the honeymoon (with my new legal name).
We have a will, health care proxy, living will, power of attorney and life insurance.
No one wants to talk about it but I never thought my singl-parent father, with absolutely no risk factors at all, would have a stroke.
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Posted 3/22/06 7:23 PM
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Jen_n_Dale
My niece, my love
Member since 8/02 4801 total posts
Wedding Date:
7/2/2004 6:00 PM
Wed. Location:
Villa Lombardi's
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Re: In light on Janet's situation....
We have life insurance and we do have our cemetary plots... I know it sounds crazy but my parents bought theirs a long time ago and I wanted to be buried with the rest of my family. So we contacted Pinelawn and bought our plots near my parents. We do not have anything else though.
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Posted 3/24/06 12:42 PM
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