How appointing a beneficiary or beneficiaries can help bring peace of mind when you have lung cancer

As you fight lung cancer or mesothelioma, it may be tempting to assume that your spouse or adult children will be able to determine how to distribute your money and other assets after your death. Making such an assumption however is a mistake. You should know that this responsibility can be legally complex and emotionally taxing, particularly when family members disagree. There are three things you can do to eliminate disagreements and ensure that your beneficiary or beneficiaries receive exactly what you want them to receive:

Make a will
Update your beneficiaries in documents such as life insurance policies
Consider setting up Payable-on-Death accounts.