Ukraine Expat Forum

Think ahead !!!

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NA67

3/25/2016 23:35 EST

I just wanted to post some food for thought. Over the last 3 months, my brother in law from Odessa, and my father from Kentucky passed away. When it comes to your loved ones being able to complete all necessary financial matters suck as bank accounts, 401K, Roth IRA, and life insurance policies, and so on, success for them is up to you. If this process is easy or difficult is 100% dependent if "you" prepared your love ones before your number comes up!! I suggest putting all life insurance doc's, 401k doc's, bank account info, all phone numbers needed, all email addresses needed, point of contact information in one specific place, brief your Ukraine wives on what to do and how to go about this. Living in Ukraine will most likely complicate these matters a bit for your wives. Remember you wont be around to help them.........be proactive in such matters for them. Just saying !!

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MichaelTryn

3/26/2016 10:27 EST

Good words for anyone you post Nate.
Am I right about UTAH, " you don't have so many undesireables out there. I have never been there, but I have been in the south side of chicago.

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LuvSlav

4/7/2016 20:18 EST

Nobody wants to think about the un-thinkable, we all know that. But you posted some great advice for those who don't want their loved ones to go through a tougher time than they need to.

Both my parents left this world without a penny to their name, no insurance, and no assets. It was tough. I have taken steps to ensure that my loved ones aren't put in that situation.

Much respect for your post!

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NA67

4/7/2016 23:12 EST

Thank you,.... I just went thru all this with 2 family member passing away. I had begged my Mother and Father to set down and discuss everything with me and my brother and sister before one of them passed. They refused to discuss it at all. We had some real problems when my dad died on March 17 2016. Some of us had some real hard feeling between some of our family. DO THE RIGHT THING, TAKE CARE OF YOUR PERSONAL MATTERS. I promise you, your family will love and respect you even more for doing this !!!

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LuvSlav

4/8/2016 09:47 EST

Condolences on the loss of your loved ones in such a short time.

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LuvSlav

4/8/2016 09:48 EST

Condolences on the loss of your loved ones in such a short time.

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