The title pretty much says it all. My husband (30 years old) passed away unexpectedly this morning while in a different state. He had a life insurance policy of over a million, and I’m a stay at home mom with four young kids (7, 5, 4, and 3 months). We owe a mortgage on our house and land of about 40k. Our van paid off but is not in the best shape, and we have no outstanding debt. We have been fixing up our house; siding is the only thing that absolutely must be put on in the future; everything else is okay for now. We had a joint retirement account and college accounts for our three oldest kids. I am lost. I’m 28 years old and didn’t expect to be a widow before I even hit thirty. What should I do in regards to the life insurance account? I could finish my teaching degree (only a few credit hours left), but teaching doesn’t pay much and takes so much time away from my kids. I would like to try to use the money to make a sort of fixed income and stay home, at least until my baby is a little older. Is this possible? He was a custom harvester with his brother, so I have no idea what his shares in the company are, or what business ramifications will be involved in the future. I can’t think of what else to add, as I am numb and my brain is foggy. Please help me.
Submitted January 27, 2018 at 08:12PM by HarvestersWife http://ift.tt/2nk5Gqm
