6 Reasons to Buy Whole Life Insurance or Term Life Insurance
Securing quality term or whole life insurance coverage is
important, especially if there are people in your life
whose financial stability depends on your income. Many
financial experts even consider life insurance to be the
foundation of sound financial planning. Find out six
reasons why you should purchase whole life insurance or
term life insurance to protect your family and loved ones.

1. Income for Dependents
If people in your life depend on your income for financial
support, having a whole life insurance or term life
insurance policy in place will protect them in the event of
your death. Life insurance can replace your income for your
dependents so they aren’t left bearing the financial burden
of an income lost through death. This applies most often to
parents with young children, but is also applicable to
couples if the death of one partner would leave the
survivor financially stricken. If your parents, adult
children, or siblings are your dependents, life insurance
can also provide replacement income to benefit them. And,
if your surviving spouse or domestic partner’s government
or employer-sponsored benefits will see a reduction after
your death, having life insurance to replace your income
can definitely be useful.

2. Coverage for Final Expenses
Funeral and burial costs can be expensive, but your life
insurance can cover the costs. Carefully planned life
insurance will also provide funds to cover mortgages and
other expenses. Debts and medical expenses not covered by
health insurance can also be covered by your life
insurance. Life insurance offers protection to the
dependents you leave behind, since it can sometimes be
utilized as a cash resource.

3. Create Inheritance
Life insurance can allow you to create an inheritance for
your immediate relatives or heirs. Even if you don’t have
any other significant assets to pass onto your surviving
family or loved ones, you can create an inheritance by
naming your heirs as beneficiaries in your life insurance
policy.

4. Pay Estate Taxes
Rather than leaving your surviving family to take a smaller
inheritance or do away with some assets, have a quality
life insurance policy in place so the benefits can pay
estate taxes. Some life insurance plans provide tax free
cash that can be used to pay estate taxes and death duties.

5. Create Source of Savings
Your life insurance can become a sort of savings plan since
some types of insurance can create a cash value that is
available for withdrawal upon the owner’s request. Another
benefit of this “forced” savings plan is that the interest
credited is tax deferred, and if the money is paid as a
death claim, the interest can be tax exempt (www.iii.org).

6. Make Charitable Contribution
By naming a charity as a beneficiary of your life
insurance, you can make a larger contribution than if you
donated the cash equivalent of your policy’s premiums.
Donating a term life insurance policy allows you to deduct
the cost of the premiums from your taxes. And, if you
donate a whole life policy, you can deduct the cash value
of the policy and the cost of the whole life insurance
premiums. In both cases, after you die, the charity you
select gets the insurance policy proceeds.

Plan ahead and ensure that you have a quality life
insurance plan in place to protect your family.

—————————————————-
Ryan Patterson is president of US Insurance Online, based
in Austin, TX. He graduated in 2000 from the University of
Texas with a combined business and computer science degree,
and started US Insurance Online in May of 2005 with fellow
entrepreneur Jim Waltrip. Visit
http://www.USInsuranceOnline.com for help shopping for
insurance and for free insurance quotes.

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History of Mother’s Day

Although the dates may vary, most countries around the world have a special day of the year for a celebration of motherhood. In the United Kingdom the day is celebrated on the fourth Sunday of Lent, three weeks before Easter Sunday, and may also be known as Mothering Day. Most westernised countries celebrate Mother’s Day on the second Sunday in May. Other countries may use a different day, depending on local traditions.

In the UK, the practice is believed to have Christian origins and started in the 16th century. It was a day chosen for all Christians to visit their mother church, which resulted in families being reunited with their mothers annually. It’s believed many apprentices and servants were released for the weekend to have time for visiting families.

In the United States, the day is believed to have it’s origins after the American Civil War. Julia Ward Howe wrote the “Mothers Day Proclamation” as a call for peace and unity for women against war. However Ward failed in her attempt for formal recognition of a Mother’s Day for Peace. In 1907, Anna Jarvis began her crusade for a formal day in recognition of women, with the first such day being held in the state of Virginia on the 10th May, 1908. From there, the custom caught on and quickly spread to the states and then to other western countries. In much of the world this special day for women has become heavily commercialised.

Gift Ideas For Mother’s Day

In recent times, Mother’s Day has become a time for pampering the family matriarch. Breakfast in bed is a common practice followed by gift giving. Common gift ideas include flowers, chocolates, jewellery and perfumes. Some other gift suggestions are as follows

  • a gift hamper, put the hamper together yourself for a more personal touch

  • fashion accessories, such as handbags, scarves or shoes

  • scented candles or incense

  • a special experience such as a balloon flight, bungee jumping or skydiving

  • a visit to a spa or beauty salon

  • appliances

  • a professional massage

Whatever gift or method of celebrating is chosen, most of us only have one mother. This is their special day, make it one to remember

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I’ve just discovered another piece of quality Wayne Carey related “journalism”. Be warned folks, there are no startling revelations, just a piece based on sloppy research. This particular story appeared in “The Daily Advertiser” and is attributed to journalist Sally Post. The Advertiser is the local newspaper in Wayne’s home town Wagga Wagga. The story is based on the now famous Andrew Denton “Enough Rope” interview. You can read the Sally Post article at this link Carey tells his side.

After reading the Advertiser story, I have to wonder if their journalist even saw the Denton interview. If they did, it seems to have gone way over their head. Sally makes the ridiculous claim that Wayne saw little of his father between the ages of 6 and 13. She somehow manages to quote Wayne as saying “I moved from Adelaide back to Wagga when I was 13 and didn’t see much of my mum after that”.

For the sake of Sally Post and others interested, here is a link to the transcript from the Enough Rope interview. Please read the whole thing. Andrew Denton “Enough Rope”

Now Sally, as you apparently hail from Wagga Wagga, you should have no trouble confirming these few simple facts. Wayne commenced his football career with North Wagga Saints Under 10′s in 1979. He played in the junior ranks in Wagga for several years, representing NSW in the Under 12′s. That doesn’t seem to gel with the story you have written Sally. The facts (as revealed by the Denton interview) are that Wayne lived with his father in Wagga between the ages of 7 and 13. He then returned to Adelaide. Sally Post, you have it backwards.

Oh, and one more thing Sally. Wayne does not have a sister named Kelly. You might have that confused with a different story.

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It’s fascinating how fate (if you believe in such things) apparently dumps things right in your lap just at the appropriate moment. I suppose that itself could be a bit of joke by the higher power/s. Over the past couple of days I’ve had some online correspondence from a blonde cousin that I’ve had no contact with for well over 30 years. She was responding to one of the other articles posted on this blog. Today one of the mailing lists I subscribe too sent me this good blonde joke, entirely at random. Well, I was amused, but that’s just my opinion. Here’s the joke :-

A blonde went out to her mail box and looked in, closed the door and went back in the house. A few minutes later she went out and looked in the mail box again. She did this several times and her neighbour who was watching her said “you must be expecting a very important letter today the way you keep looking into your mail box.”
The blonde answered, “No, I am working on my computer and it keeps telling me that I have mail.”

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News and magazine articles regarding Wayne Carey seem to be popping up in the news media at an ever increasing rate these days. No matter what you might think of the guy, his name must still be good for selling a lot of newspapers and magazines. As Wayne is my cousin I do have a personal interest. Some of the stories may be true, some are full of unfounded or unproven accusations, some are just plain untrue.

Yes, Wayne did come from a broken home. Yes there are still tensions between the family members. Some of his siblings are closer to their mother, some are closer to their father. The latest news stories and the upcoming Andrew Denton interview on ABC TV, try to illicit opinions from “close” family members. Of course, what the interviewers seem to ignore, is that siblings closer to his mother, Lynette, would be expected to put Kevin down. On the other side of the coin, those close to Kevin, would be expected to side with him. This is hardly news.

Some of the latest stories from the past few days revolve around Wayne’s father, my Uncle Kevin. It seems that a journalist happened to come across Kevin while he was in a pub with his mates. To me this hardly seems to be a crime. When I am 67 I hope to be able to spend some time doing the same.

As often happens in such situations, after a few beers, he was quite vocal and freely gave his opinion of the whole Wayne saga and some of his other family members to boot. He stated that he is proud of his son but that lately Wayne has been acting like an idiot and a dickhead. I’m sure that most familiar with recent events would agree with that sentiment. He probably had a lot more to say on a lot of other matters too, but the journo’s would, of course, select just a few choice comments to build a story around.

Kevin Carey is no saint and he will tell you that himself. He does have a criminal history of minor offences. He will not deny it. He has been tried and convicted, he served his time. He has always enjoyed having a drink. He is a former boxer and footballer. He’s a larrikin by nature. When he gives you his word, you can be sure he means it. He is a tough character, it’s the way he grew up, it’s just the way he is. He tells it like it is, often in colourful language. Even more colourful after a few beers with his mates.

He raised his three youngest children. When the family was first seperated, Lynnette moved to Adelaide with 4 of their 5 children, the oldest son remained in Wagga Wagga, NSW. Wayne was 6 years old at the time. Later, the three younger children Karen, Wayne and Sammy were returned to their father because they wanted to be with him. Wayne’s football career began in Wagga, representing his region and state several times at the junior level. Around the age of 14, he returned to Adelaide to play football.

I have seen these simple facts stated incorrectly so many times in news stories that I have to question the depth of the research actually being done by the journalists. I have seen claims from people who supposedly knew Wayne when he was a 10 year old boy living in homeless shelters with his mother in Adelaide. It’s a nice story, too bad it isn’t true. Wayne was in Wagga Wagga with his father at the time. If his mother was still homeless after 3 years in Adelaide, it’s no wonder he wanted to be with his father. In todays news, the claim has been made that Kevin moved to Adelaide with the children when the family first seperated. Wrong again. It was many years later that he moved to Adelaide.

If the journo’s can’t get these simple facts right, it raises questions about the quality of the reporting. The saga has been dragging on so long it hardly seems newsworthy anymore. It’s certainly not new. There has to be a certain amount of dramatising, of sensationalising or the public is going to lose interest. The media is out to make some money, and the name Wayne Carey is obviously still selling newspapers.

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