January 29, 2009
Paying for the Funeral with over 50 Life Insurance
My neighbor, Ann, was one of those people who are alone in life. Her husband died several years ago and they’d never had children. Neither one had any siblings or other family. So, a few years ago, she bought enough over 50 life insurance to pay for her funeral; then she found a good estate attorney and planned the rest of her life. She discovered that she had enough money to travel and have a good secure life. Well, it worked out for her. She died recently, and the insurance paid for the funeral and the rest of her estate went to charity.
