Well, my attorney finally called me about the trust that we set up and your two life insurance policies. Admittedly, I was dissappointed that we did some things the way we did because it leaves me in a difficult predicament for meeting my needs while meeting the children's needs. The best news, is that the children's needs will be met and there will be money for college, missions and their day to day expenses that exist until Lee Lee graduates college or is 24 years old. The bad news is that at that time, any remaining money is distributed amongst all four kids. The only reason that is bad news is because I really want to stay at home with the kids for the rest of their minority, but if I do that in full, I won't be contributing to investments for myself, so I am afraid I might be up a creek financially in 20-23 years when income for the our family dies and I am 57-60 years old. It won't be easy to just re-enter the work force then, so this makes me nervous.
I am thinking about giving up on law and psychology and getting into teaching. It is not a significant income, but it would give me 20 years of acquiring PERS and would provide health insurance for the kids and I. It would allow me to do almost just put my entire income away for when the kids are all grown-up. I am just not sure what route I should take to do this. Should I just go back to school for elementary education. Stop working all together while I do this - income from the trust would probably pay this, and I'd still qualify for student loans, etc.
It all very confusing and I have a lot of decisions to make. It is late, and I suppose I should go to bed. THANK YOU, for having planned financially with me 8 years ago for such a horrible tragedy such as this. It has truly lightened my burdens. I love you!
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