Where are you regarding....

[DarkHelmet]

.... your planning, in terms of once the curtain drops.

I am genuinely curious, as I'm up late, tipsy, contemplating mortality mostly due to the pending birth of my 2nd child - a girl - in 13 days or less.

So I have term life insurance, and so does my wife.

I have a DNR.

I'm missing a will and living will. Which is what got me thining about this whole thing, basically.

I ask the knowledgable members of the TBBS - what, in addition to the two above, am I missing to plan for the "worst case scenario".

 

[Pingfah]

Secret underground nuclear/zombie/nuclear-zombie attack bunker.

 

[RJDiogenes]

I don't have any life insurance. I don't need it, since I don't have a wife and kids. All my money and property would just go to my next of kin.

 

[RoJoHen]

What? I'm supposed to plan for the future?!

This is bullshit.

 

[Hermiod]

I don't do anything else but make sure others will be okay when I die. My employer gives me a life insurance policy as a benefit, for instance.

 

[Zulu Romeo]

Once the curtain drops?



The encore, of course.

Followed by drinks at the bar.

 

[Emher]

Don't have a will or anything since I really don't have that much in assets. But I have made it clear that I wish to be cremated. I let my family know that during a particularly dark part of my life, but it still stands.

 

[Aurian]

Don't have a will, but I have made sure that my family understands that I am a donor, and that I don't want a grave that will turn into someones burden to go take care of. Just cremate me and spread me to the wind in a memorygrove.

 

[Lonemagpie]

I plan to regenerate as usual...

 

[Jono]

I have nothing, no insurance or will but I have no partner or kids and not much in the way of money of possessions. There is a high possibility that in a few months I will need to have a will though.

I do actually had a letter with my instructions for what I want done in terms of funeral, etc when I die that I kept in a draw. Only thing was I went overseas for a month and while I was gone when my mum visited my house and "accidentally" found the letter a fortnight after I left. She then got all worked up that I was dying or I was going to kill myself or something. She contacted me and nothing I said would calm her down and she managed to pressure me into returning a week early.

 

[Michael Chris]

I'm an organ donor, but I don't have anything else. I probably should get an RM (as in Resuscitate Me! Resuscitate Me!). I don't have life insurance, but then again I don't have a wife or kids or a house or any major assets, so I don't think I need it yet.

If you're planning to be buried, you should probably get a plot picked out and bought. This is especially important if you want to be buried with your wife.

CONGRATULATIONS on the kid!

 

[sojourner]

I'm part of the Gen X set. We all thought Reagan was going to get us all killed in a nuclear holocaust back in the 80's. Everything after that is pure gravy and requires no planning.

 

[Vulcan Princess]

I'm an organ donor, but that's about it. When I took a class in school about wills and trusts, I wrote out a rough draft of a will, but I never executed it. I don't have any dependents, and I don't really have any assets yet. (I'm still in school.)

 

[StolenThunder]

On occasion I tell people I want them to hold a party, but beyond that nothing. When I have more things and less time I'll do something.

 

[nevermore]

I have a small life insurance policy given to me by default by the University, half goes to my mother, half to my dad and other than that I have no money or anything of real value to distribute. My dad and stepmother would take the cats.

Fortunately my family tends to share my views on the whole pull the plug, chop out the useful bits, kill the corpse in fire, let people pick over the possessions and spend the funeral money on a party thing so I'm not especially worried about any of that.

 

[tharpdevenport]

I made a small hand written Will saying where most of my things go, but it needs serious updating, including what to do with me incase I become a vegetable.

 

[Gryffindorian]

My employer provides good benefits, including an "Accidental Death & Dismemberment" plan, life insurance, supplemental life insurance (up to 4X annual salary), and 401K benefits and retirement contributions. I'm single with zero dependents, but I named my parents as my beneficiary should the unexpected happen to me.

 

[Laren]

What do I care - I'll be dead then!


Seriously, I'm an organ donor and that's it. I don't need a will, since I don't have a spouse/kids and no assets to speak of. What little I do have in savings should suffice to take care of the funeral. As for funeral arrangements - I'd leave that to my family, since they're the ones who'd attend, not me.

 

[Mallory]

Being married with three kids and having had cancer twice and a transplant I've got everything in place. I was fortunate enough to purchase about a lot of life insurance before my health took a downhill turn and I have policy through work as well. The rest of it is just paperwork, the will, the living will, etc.

 

[Holdfast]

I have no dependents, so I have no need of insurance policies and the like.

However, due to various boring/complicated financial reasons I did have to think about who my estate's beneficiaries would be in the event of my death, in the event that my sole remaining parent had also passed on by that time. It's not a will covering my entire estate but about a 30-40% chunk of it. So that's sorted. I'll probably get a full will sorted out soon; it just seems a neat & tidy thing to get finalised.

But as for planning for dependents; no, haven't had to think about that at all since I have none. I dislike thinking about mortality and the transience of life really...