TopHot
Wife’s parents opened whole insurance life policy on her 30 years ago. What’s our optimal course of action?
Wife's parents opened whole insurance life policy on her 30 years ago. What's our optimal course of action? My wife (39F)s wonderful parents opened a whole life policy on her back in 1993. Until yesterday, I was unaware that this policy existed. I want her to cash it out and put it in our taxable brokerage. My wife would rather keep the policy and keep paying the premiums. Here are the numbers: Paid premiums to date- $15,236 Current premium- $445 per...
Category:
