Posted 3/3/2021 15:57 (#8870721 - in reply to #8869023) Subject: RE: estate planning with or without life insurance?
south central WI
Since you are young, you could buy a term life policy. I'd you die young, the insurance could be used to pay the non-farm heirs. If you live beyond the expiration, hopefully you will have non-farm cash to use for it.
You can get a $1 million 15 yr policy pretty cheap. Start investing money into the stock market. In 15 years hopefully the market funds will be enough to cover some of what you want to do.