My DW is 59, I'm 67. My health is great, but if I die confusion will reign as my DW has no interest in learning anything about investing, even though she's very intelligent with a Master's degree in Computer Science.
My plan is to keep on managing my $4M+ portfolio using all I've learned through education (MBA, experience, books, and the Boggleheads), risking accidental death or disability (a stroke or some such), but what if I do die or become disabled unexpectedly? And what would be a good plan for if and when I begin to enter a period of cognitive decline?
I do have a solid estate plan with a law firm I've used for years for my corporate and personal issues, and I do have a good CPA I've also used for years for those same purposes, but they're not financial planners.
How do others handle this situation?
My plan is to keep on managing my $4M+ portfolio using all I've learned through education (MBA, experience, books, and the Boggleheads), risking accidental death or disability (a stroke or some such), but what if I do die or become disabled unexpectedly? And what would be a good plan for if and when I begin to enter a period of cognitive decline?
I do have a solid estate plan with a law firm I've used for years for my corporate and personal issues, and I do have a good CPA I've also used for years for those same purposes, but they're not financial planners.
How do others handle this situation?
Statistics: Posted by CajunDan — Sun Jul 14, 2024 9:26 pm — Replies 18 — Views 1014