I was given anywhere between 6-12 months left. I’ve come to terms with it and am trying to set my family up as I am the breadwinner.
I recently bought a home and have about $100k equity in it. I receive roughly $9k/month in disability benefits between my private policy and the VA. My kids will be eligible for benefits through the VA after I pass but I’m still trying to get a calculation on exactly what they’ll be receiving. I’m not married but I have a partner of 9 years. Kids are in their teens. All my vehicles are paid for. On a lean budget we can operate on roughly $5500k a month.
We have a trip planned to Europe for 2 weeks this summer which all in is costing us about $20k. I’m debating cancelling to recoup some money but I’m conflicted.
I’ve got my advance health directive and will completed/notarized and filed.
I have an unspecified amount of silver in a safe that I’ve collected with my partner over the years but I have allocated half of it to my kids in my will.
I’m sorry if I’m missing details, just overwhelmed and looking for some guidance.
Edit:
I’ve received an overwhelming amount of advice and I thank you all. Just for clarification, I’m 40F and my partner is 36M. The kids are from a previous marriage. My partner is not on the mortgage/deed/title. We are not married for a number of factors but the biggest being he is in school for engineering on a scholarship and his household income cannot be more than $65k a year and if we were married he’d be on the hook for almost $40k a year in tuition. Obviously, things have changed for us so marriage is becoming a real option.
I am 90% leaning towards taking the trip. It’s already booked/paid for, the kids are excited, I have just been so money-centered since I got the news that I didn’t think it through.