cocoberry10
Well-Known Member
Hi Ladies:
This is a spinoff from Relaxer Rehab's prenup thread (http://www.longhaircareforum.com/showthread.php?t=113318).
I feel the spirit putting it on my heart to start this thread, which is on a different, but related topic. That of estate planning.
I've seen many women (and a few men, but more women) who end up widowed and without a means to take care of themselves because they either did not have a will or let one spouse take care of all finances only to find out that their spouse wasn't "handling business" like he/she should have been.
And social class has nothing to do with it. I've seen extremely wealthy people whose spouses had debt that they tried to hide (through business ventures, or just bad money management), as well as poorer people.
I think it's extremely important to have complete knowledge about all aspects of finances, even if you let someone else actually "handle it." What do you all think?
This is a spinoff from Relaxer Rehab's prenup thread (http://www.longhaircareforum.com/showthread.php?t=113318).
I feel the spirit putting it on my heart to start this thread, which is on a different, but related topic. That of estate planning.
I've seen many women (and a few men, but more women) who end up widowed and without a means to take care of themselves because they either did not have a will or let one spouse take care of all finances only to find out that their spouse wasn't "handling business" like he/she should have been.
And social class has nothing to do with it. I've seen extremely wealthy people whose spouses had debt that they tried to hide (through business ventures, or just bad money management), as well as poorer people.
I think it's extremely important to have complete knowledge about all aspects of finances, even if you let someone else actually "handle it." What do you all think?