In this episode, we will talk about how to determine life insurance needs after divorce.
So we had a big picture everything that should be looked at when going through Divorce.
We talked about term insurance for covering the spousal support. We talked term insurance for covering potentially the children’s college education or maybe paying off their student loan debt.
What are other things to discuss?
If I were talking about insurance today and I was going through a Divorce. And I’ve been married for 19 years.
And two kids are still minors, what things would you say, ‘Tim, if you want to make sure that they’re taken care of aside from the college and the spousal support, what are the things to talk about?
It will depend on the situation your spouse is in. But yes, anything like that when there’s a foreseeable expense in the future might be a really good thing to add into the life insurance.
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