The Wealthy Barber/Wills, Life Insurance, and Responsibility
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Introduction | The Financial Illiterate | A Surprising Referral | The Wealthy Barber | The Ten-Percent Solution | Wills, Life Insurance, and Responsibility | Our RSP | Home, Sweet Home | Saving Savvy | Insights into Investment and Income Tax | Graduation
Roy explains the importance of a will and how you should draw one up even if you are unmarried.
When it comes to life-insurance Roy states that you only need to buy insurance once there is a distinct need to protect your dependents and help with financial affairs. Unmarried people don't need life-insurance.
Estate planning is quite simple and is crucial when it comes to saving future problems.