The Oregon state employee. (Salem, Oregon.) 1944-195?, July 01, 1950, Page 31, Image 31

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    29
■
orie.
know
whom
your hushanM w fM ^ I w ^ B y o u to
consult a b o u t financial matters';
T h irW k n ow th e W a m e w « B O lrfe in-
your
program.
It is possible that one person, an es­
tate law yer for exam ple, could guide
you on all problems— legal, financial
and insurance. Or all three prob­
lems could be handled by the trust
department of a f o |k- The point is at
least find out w hat your husband has
H^mind.
Is There A W ill?
If so, who gets what? If there is nq
will, you do not autom atically in­
herit all of your husband’s property.
How much you get w ill depend on the
laws of the state in w hich you live.
What About L ife Insurance?
A good part of your husband’s es­
tate is probably made up of life in­
surance. He m ay have several poli­
cies and several kiW Otaf
Here are some possibilities: (1) a
policy to pay you a guaranteed
monthly income for the rest of your
life; (2) a policy to pay you a cash
lump sum ; ( 3 ) a combi i i ation policy
that w ill give you a m onthly income
but w ill also perm it you to draw up
to a certain amount of cash in any
one y e a r ; (4) an educational policy
® |& | w ill pay off only w hen a child
reaches a certain age, usually college
age; (5) a policy;?designed.to pay off
a debt or m ortgage, such as the m o rt­
gage QEa|| o r,'home.
Your husband m ay have set-up his
For Q uality Foods
Stale Street Market
In
H eart of Salem
Fresh Fish and Frozen Foods
Our Specialty
A feHej^^S le ^ a from th e C apitol
1230 State Street
SINCE 1851 . . .
^regon^^tatcsraan
has reported state capital news, follow­
ing the capital from Oregon City to
Salem to Corvallis to Salem.
..fit fflSBsPieportirig the news—all of
it—fresh with your morning coffee.
PHONE 2-2441 FOR A START
F O R STA TE E M P L O Y E E S O N LY
Personal loans at lowest rates. Easy payment plan.
STATE EMPLOYEES
CREDIT UNION
Managed by state employees for state employees.
Inform ation gladly furnished without obligation.
W. J. P. F a rre ll, T reas.
518 State Office Bldg., Salem
Phone 4-2171, ext. 528