Terminal Preps

How are you preparing
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mallie99
Posts: 285
Joined: Thu Jan 09, 2014 9:14 pm
Location: Nottingham

Terminal Preps

Post by mallie99 »

Hey y'all

I've been forced into thinking about things I'd rather not think about of late. I won't go into detail but as much as I don't want to think about it, this is very much the other side of prepping. Preparing to have not survived. It's a morbid topic, and I really don't want anyone to dwell on this too much. Personally, I have a pretty good (on paper) policy so my family shouldn't need to worry about any debt when I shuffle on, and I've been thinking about setting up another policy so that my LO is taken care of in the event.

Has anyone else put much thought into this?

Mallie
Entirely certain that nothing is certain

Location: Areas 8 & 10
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2ndRateMind
Posts: 182
Joined: Tue Aug 13, 2013 9:26 am
Location: Bristol

Re: Terminal Preps

Post by 2ndRateMind »

It makes sense. It's not something to dwell on, just get sorted.

Cheers, 2RM.
Omnes qui errant non pereunt
Not all who wander are lost
pseudonym
Posts: 4551
Joined: Wed Jul 27, 2011 10:11 am
Location: East Midlands

Re: Terminal Preps

Post by pseudonym »

Yep, I had a will whilst Serving and have kept this updated.

A list of who gets what and how any money is divided as well.

Money set aside for my funeral and a large P1$$ up after.

Wish I could be there for it. :mrgreen:
Two is one and one is none, but three is even better.
lonewolf
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Joined: Fri Nov 15, 2013 11:49 am
Location: Ruby Country.

Re: Terminal Preps

Post by lonewolf »

got our eyes on a plot in a woodland burial site, went to the opening day and made enquiries, but that's it so far.
Adapt or Die, there is no middle ground.
preppingsu

Re: Terminal Preps

Post by preppingsu »

My M-in-L has informed us that she has paid for her funeral already, on a fixed deal. That way we shouldn't have to pay anything when she pops off this mortal coil. Might seem morbid but I think it's a pretty good idea.

I should imagine she's already chosen which Daniel O'Donnell song she wants.

We have some financial 'things' that we have in one or others name. We need to make sure that we have joint names on everything to make it easier if something unexpected should happen.
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Steveo82
Posts: 213
Joined: Tue Oct 29, 2013 10:29 pm
Location: East Yorkshire

Re: Terminal Preps

Post by Steveo82 »

I have thought about this, and Im only 31, I have 2 life insurance policies, one to ensure my partner is looked after and the other to ensure my son gets all he needs. Last year I paid to have a corporate will in place to ensure dividing of my business is done how I want, not how the law states when a will isn't in place. All morbid stuff but needed to be done. I know too many under 50s who have dropped dead, so I just cant risk it.
Malthouse
Posts: 668
Joined: Fri Dec 20, 2013 10:51 am
Location: Plymouth

Re: Terminal Preps

Post by Malthouse »

Its not morbid it is an inevitable fact of life.

Having said that I have zero preps in place! :?
jansman
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Joined: Thu Dec 30, 2010 7:16 pm

Re: Terminal Preps

Post by jansman »

I used to work next door to a solicitor. When our first Daughter was on the way, he told me to get a will. I did. I had an uncle who died without a will. He was well off, and it caused all sorts of problems form my Aunt.
In three words I can sum up everything I have learned about life: It goes on.

Robert Frost.

Covid 19: After that level of weirdness ,any situation is certainly possible.

Me.
steviesun
Posts: 20
Joined: Fri Dec 27, 2013 1:41 pm

Re: Terminal Preps

Post by steviesun »

This sounds like good planning.
ForgeCorvus
Posts: 3035
Joined: Fri Feb 08, 2013 11:32 pm

Re: Terminal Preps

Post by ForgeCorvus »

We're preppers, we prepare.

Life insurance
Will
A "To be opened...." letter
Funeral at least planned if not prepaid

All these are useful in the event of us not making it out of life alive.

Thanks for reminding me, I need to look around and find another life insurance policy as my current one (a "Survive for ten years and we'll give you a wad" type) expires next year.

This is something I just found http://www.make-your-will.co.uk/
jennyjj01 wrote:"I'm not in the least bit worried because I'm prepared: Are you?"
Londonpreppy wrote: At its core all prepping is, is making sure you're not down to your last sheet of loo roll when you really need a poo.
"All Things Strive" Gd Tak 'Gar