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

Other than life insurance proceeds what the other available sources for pounds at death are there?

Your widow might have the bundle in her savings and investments. She could take that dough, balance 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 reserves, resources that cost so much to create? Is this how you want her to remember your operation acuity? Especially when you could have bought the fund she'll need for pennies a piece with life insurance? What will she and your mother in law and your kids intellectualize of you if you leave them like this?

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

The greater work you do as a saver and investor, the more and more liquid assets your widow will lose when she has to sell out your hard earned pocket and investments to pay your debts and leaving expenses.

I am not going to go waste any more and more time yakking to those of you who were successful enough to sock enough resources away that your widow could pay your leaving expenses from the investments you have created. You are much too smart to throw awaythese hard earned dollars on your leaving expenses.

Or your widow can sell some of your assets to raise the gold she'll call for to pay creditors, taxes, and venture swearments.

If you are like most commercial enterprise owners, 75-90% of your personal assets are tied up directly or indirectly in your commercial enterprise. Selling assets to pay taxes and debts means selling syndicate assets. Selling proprietorship assets means that they are not a whit longer available as part of the income generating machine.

Selling income producing assets and losing their corresponding ability to aid the industry grow in order to deliver your family's continuing security seems stupid to me. If you are a successful stock company owner you did not capture that mapping by making stupid decisions.

Making your widow sell operation assets, close out her assets, or sell off the investment portfolio to pay debts, taxes, and other known and unknown parting 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 liquidate these holdings to keep your submitments and pay off your debts.

There is one other option that is potentially available. Maybe your widow could borrow the bank account. Take your wife with you to the bank tomorrow and talk to your banker. Convey 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 ensuing 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 liquid assets 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 pledge to your proposition, will they sign a be felled 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 assertion you want to put her in?

Or why don't you call your life insurance middleman and put forth him or her that you pore over an paper 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 phenomenon to that you have created.

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