May seem silly for someone young, but worth it if you have children. Set up a trust to take care of them. Insurance is good to have even if just for $25,000. Not trying to be morbid just throwing out some advice from an old woman.
Even if you were to write something down and sign and/or have it notarized it's better than NOTHING. Who would take care of your kids if you and your spouse suddenly died? My parents asked me this one day and I said them, and they said they'd be too old to take care of 4 young children. The thought never crossed my mind before that they were right...they couldn't keep up with our kids!
Answer by CABlonde at 1:17 AM on Apr. 10, 2011
Answer by JulieJacobKyle at 2:11 AM on Apr. 10, 2011
Answer by shynu at 1:27 AM on Apr. 10, 2011
Answer by christinahenry at 2:09 AM on Apr. 10, 2011
Answer by laird6372 at 7:51 AM on Apr. 10, 2011