I remember the first time my wife and I took a trip alone together after our son was born. We were headed to Kansas City for our anniversary. About halfway there, I turned to my wife and morbidly asked her, “I wonder what happens to Josh if we die on this trip.” That is not exactly what my wife had hoped we were going to talk about, but we realized our estate plan was not in place.
So she grabbed a piece of paper, and in our best Arkansas-legalese, we drafted our first generation will. I am just glad we didn’t die in a fiery crash that burned up our weak-cheese attempt at an estate plan. We were obviously ill prepared. Continue reading “Look at Estate Plans and Insurances in a Crisis”