Reply to Thread

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

Message: <blockquote data-quote="dennishoddy" data-source="post: 3987254" data-attributes="member: 5412">Get enough term insurance to cover your debt. As your debt reduces by paying off the land, reduce the insurance and payments. Once you get the land and home paid off, you don't need any more insurance other than what it costs to bury you and that can be a cheap option in Ok. Actually, almost zero if you want to.Your wife can sell the land and home to recover enough money to keep her in a good life until she needs to use the long term care.I married a young one as well that will outlive me probably, so we have the same issues. Another option is to designate the land and home as a hunting area or an Air BNB rental property for long term income. Lots of options to consider. Think on it for awhile.</blockquote>