Thank you, I'll look into those options!
I know the life insurance thing looked like a bad idea for me since my family will definitely need the funds if anything happens.
It's just crazy how fast the medical bills pile up!
My mortgage is actually only based on my income, I own the house myself. My future husband just moved in with me in May of this year and has been my primary source of caregiving and support with doctors visits and chemo, etc,so he hasn't found employment yet.
WarriorSpouse wrote:I am sorry to read this. You are young, but as previously stated you are mature in your approach and acceptance.
I would not sell your life insurance policy. If you do, it is at a discount and you are missing out on why you have it, to cover liabilities if you pass. Definitely make sure your beneficiary is correct and that person knows your wishes to pay off the house or other bills.
I think you need to get a will and discuss this process with an attorney in your County / State. An estate attorney can give you advice about how you can separate medical bills from your new spouse and how you can preserve wealth in your house, maybe by placing it in a trust.
If you stop working FT, you could look into Social Security Disability, but you will have income limits in order to collect. Not certain if you are American or not, but use the Google tool bar to see if this can help with your situation.
Don't forget, if your mortgage is based on your soon to be wife's income too, make sure she has life insurance too.