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will be paid from the agency or the widow's resources or be paid for them by an outsider. What differentiate 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 hard currency at death are there?

Your widow might have the dough in her assets and investments. She could take that dough, do-re-mi 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 do-re-mi, do-re-mi that cost so much to create? Is this how you want her to remember your body corporate competence? Especially when you could have bought the dinero she'll desire for pennies a piece with life insurance? What will she and your mother in law and your kids logicize of you if you leave them like this?

In addition there is a huge cost for using your reserve fund and investments for paying your parting expenses. First you had to earn the dinero 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 surpassing employment you do as a saver and investor, the more and more resources your widow will lose when she has to sell out your hard earned reserves and investments to pay your debts and terminal expenses.

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

Or your widow can sell some of your assets to raise the shekels she'll demand for to pay creditors, taxes, and proprietorship recommitments.

If you are like most concern 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 business establishment assets. Selling big business assets means that they are certainly not longer available as part of the income generating machine.

Selling income producing assets and losing their corresponding ability to avail the business grow in order to lend your family's continuing security seems stupid to me. If you are a successful company owner you did not complete that frame by making stupid decisions.

Making your widow sell proprietorship assets, close out her assets, or sell off the investment portfolio to pay debts, taxes, and other known and unknown evidential 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 bankroll. Take your wife with you to the bank tomorrow and talk to your banker. Come out with 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 next 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 bundle 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 authorize to your proposition, will they sign a take ill 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 feeling you want to put her in?

Or why don't you call your life insurance middleman and pronounce him or her that you probe an literature 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 truth to that you have created.


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