tag:blogger.com,1999:blog-8939666320943790100.post7033497340604738222..comments2024-02-11T01:14:21.904-08:00Comments on SURVIVING IN ARGENTINA: Making plans in case you don’t make itFerFALhttp://www.blogger.com/profile/07578136334334588454noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8939666320943790100.post-40844561050552383312009-05-29T00:00:10.825-07:002009-05-29T00:00:10.825-07:00If it's not included in the will, make sure you ha...If it's not included in the will, make sure you have a clearly written plan concerning burial arrangements. Make it very clear to your spouse what kind of funeral you want, whether you want to be buried or cremated, where you want your remains to go, etc. It's morbid and not fun conversation, but it's best to discuss these things when everyone is conscious and clear-headed.<br /><br />I mention this because when someone I know died unexpectedly, there was a conflict among the family about what to do with the body. The spouse of the deceased knew he wouldn't have wanted a big, expensive funeral; other family members insisted that he did. There was much drama and unnecessary conflict that could have been prevented with a little bit of planning.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-38128986359090748292009-05-28T18:33:28.746-07:002009-05-28T18:33:28.746-07:00@macman2k: That's easy to say when you are health...@macman2k: That's easy to say when you are healthy, sitting around trying to imagine being sick. When you are sick, all the rules change. When you were healthy you thought you would never want a feeding tube. When you are sick, you realize that you can temporarily have the tube and rehabilitate back to eating, etc.<br /><br />People aren't capable of imagining those situations well. I think that often limits the usefulness of "living wills." I think it is much more sensible to pick someone who loves you, make a power of attorney for medical decisions, and ask them to make the most reasonable choices in a bad situation.<br /><br />The decisions will change from day to day--no kidding.<br /><br />Been there.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-29505643392156701432009-05-28T16:18:41.196-07:002009-05-28T16:18:41.196-07:00Insurance is only as good as the counter party. W...Insurance is only as good as the counter party. When you are facing an economic collapse and hyperinflation, life insurance is simply not worth it. Instead, I would take the savings and focus on life assurance. Worried about being gunned down? Buy a vest. Worried about being sick? Learn about preventative health care.<br /><br />The more I learn about the medical industry, the more I realize that I do not want their most expensive products and none of their drugs. Instead I would spend the savings on alternative medicine. I would only trust the profession for trauma (broken bones, loss of blood, appendix, and other "surgery"). <br /><br />With where the economy is today, I know that a medical debt will soon be wiped out by hyperinflation and that Obama will likely pass universal health care. Today's health insurance costs are way to high.macman2khttps://www.blogger.com/profile/04030369728144630124noreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-27644080771733916112009-05-28T14:17:55.963-07:002009-05-28T14:17:55.963-07:00Thank you so much for posting about this. I'm a l...Thank you so much for posting about this. I'm a lawyer in the US who handles wills and estates almost exclusively and I cannot tell you how hard it is for people to straighten out their loved ones' affairs when the deceased left no will, records, lists, letters, or other way to help their family. It leaves an absolute mess and makes things so much harder for the survivors than it needs to be.lynnaeahttps://www.blogger.com/profile/01469318027610939149noreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-72508153386437688272009-05-28T13:22:53.062-07:002009-05-28T13:22:53.062-07:00Very sensible suggestions, Ferfal.
I would just ad...Very sensible suggestions, Ferfal.<br />I would just add that in regards to getting life insurance, people need to be exceedingly diligent in determining who is underwriting their policy. AIG is a prime example of an insurance company that was writing policies without any appreciable reserve pool to meet potential claims on those policies.<br /><br />Governments across the world are trying to paper over the fact that the major financial institutions are critically insolvent. It might be best to let the day of reckoning come for the financial industry (likely a matter of months) and then purchase your policy from whomever is left standing.Forced Regressionnoreply@blogger.com