kuddish's Blog

Life Insurance Money.

By kuddish | View all Posts
Posted Saturday, August 08, 2009 01:18 PM   4 comments
So Today my brother called me and we got my dads life insurance money. Its nothing major. 60k spread out to My 2 brothers and I.
 
The reason I bring it up is because I need the money to pay off some bills. (My wifes wedding ring) but I feel bad getting this money. It's because my father died. I would give it all back stay in debt the rest of my life for 2 minutes with the guy. My dad and I didn't have the best relationship until I moved out of his house. I moved to California and that made our relationship better. We finally got to get to know one another. It's wierd that it took that for us to finally get close. I can't describe how happy I am that he saw me get married. My brothers are older but have not yet.
 
Overall I feel like this money is not mine and feel guilty for taking it. Is that wierd?
 
Thanks fellas,
 
Kuddish
4 comments
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JEFFMARKETCAP says:
08/10/09 08:39PM
Thanks guys. Just got back now from CT.  He was my favorite Grandfather.  It was tough. 
samuelsosa says:
08/11/09 02:27AM
Feeling bad is part of the program, your father died

 

Feeling bad about accepting the money is pretty silly....its life insurance money........this was his plan.........one of his sons if not all need money, and hes able to provide that. Great thing

 

Sorry jeff.

CountNo_Account says:
08/11/09 03:12AM
Sorry for your loss
ChrisTinaz says:
12/10/09 09:12AM
No it's not weird. I find myself in the same boat. Feeling guilty. Mom had to die for this money. Would Mom approve of my doing this or that with the money. Would she want me to share it with my siblings or others. I have no peace at all, if I have to make a decision to spend any of it. Then I feel so guilty when I do. Sleepless nights over it. Yucky tummy as well. Also it's almost insulting to receive this kind of money because you feel like there isn't enough money in the world that could replace them. The best advice I can give you is to not spend any of it until you've had plenty of time to grieve. 6 months is what most people recommend. (With the exception of course being taking care of Dad's unfinished financial affairs) Sorry for your loss. As for the wedding ring, only you can make that call. It's easier to make if Dad liked the wife and supported your marriage. I struggled with making the decision to pay off our credit card 3,000. Looking back though, that's what my Mom left the money for.
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User: kuddish
Joined: November 2002
Location: Michigan
Team: Detroit Lions
Occupation: Other

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