I read a thread on twitter recently about women whose husbands die and the in-laws take over everything their husband owned and it got me thinking about a lot of things. That is actually the reality in a lot of homes in Nigeria. Husband dies, his family takes over stuff without considering how his wife will cater for the kids.
Sometimes, they might even kill the man to get his properties and take over everything including his wife. It’s really sad that people can be so wicked and inconsiderate which is why we need to take some steps to prevent our loved ones from suffering after our demise.
It’s very important for a woman to work and have her own investments in different places no matter how rich your husband is. I’ve seen women who become maids after their very rich husband dies and there’s nothing left for them. While you can’t stop any in-law from claiming whatever, you can build yourself up financially so that you won’t be affected financially when death happens to your husband. The physical separation is bad enough, why suffer lack too?
Husband and wife should have money stashed somewhere individually. If you can, have an account where you just keep money you don’t plan on spending. Use your spouse as the beneficiary incase death happens. There should also be accounts open for the kids where the couple would be saving their school fees and other fees in.
I honestly don’t understand why you would use your sibling as your next of kin and beneficiary in some of your investments when you have a spouse and kids. Whether or not you use your siblings as your next of kin, buy properties in the name of your spouse and/or your child(ren). I doubt our parents would use their siblings as their next of kin without making enough plans for their own children.
We pray we live long enough to enjoy life with our spouses and be great parents to our kids but we have to agree that sometimes things don’t go as planned. Death is the very certain and no one knows when they would die, hence the need to make sure that when you do, your family (immediate) doesn’t lack materially and financially.
Twitter >> @odusolar
Gmail >> odusolar@gmail.com
Sometimes, they might even kill the man to get his properties and take over everything including his wife. It’s really sad that people can be so wicked and inconsiderate which is why we need to take some steps to prevent our loved ones from suffering after our demise.
It’s very important for a woman to work and have her own investments in different places no matter how rich your husband is. I’ve seen women who become maids after their very rich husband dies and there’s nothing left for them. While you can’t stop any in-law from claiming whatever, you can build yourself up financially so that you won’t be affected financially when death happens to your husband. The physical separation is bad enough, why suffer lack too?
Husband and wife should have money stashed somewhere individually. If you can, have an account where you just keep money you don’t plan on spending. Use your spouse as the beneficiary incase death happens. There should also be accounts open for the kids where the couple would be saving their school fees and other fees in.
I honestly don’t understand why you would use your sibling as your next of kin and beneficiary in some of your investments when you have a spouse and kids. Whether or not you use your siblings as your next of kin, buy properties in the name of your spouse and/or your child(ren). I doubt our parents would use their siblings as their next of kin without making enough plans for their own children.
We pray we live long enough to enjoy life with our spouses and be great parents to our kids but we have to agree that sometimes things don’t go as planned. Death is the very certain and no one knows when they would die, hence the need to make sure that when you do, your family (immediate) doesn’t lack materially and financially.
Twitter >> @odusolar
Gmail >> odusolar@gmail.com
Comments
Nice write up b