I have about $1.3 million in life insurance benefits. My wife is not very good with managing money and I'm worried that if something should happen to me, she will run through it in a few years. She's a great wife and mom and she always means well but she has no concept of how to manage money.
Thanks to InsuranceAgent, who provided the "central theme" but my problem isn't with lack of trust, rather lack of knowledge. Similarly, I "trust" that my wife will take care of our vehicles if I should pass, but I can't see her overhauling the engine herself. Thanks for the sarcasm though.
Orignal From: How can I help my wife and family manage my life insurance benefits after my death?
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