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Old 07-01-2015, 03:51 PM   #2
CTT1(SW)Griffin
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Originally Posted by cthornton1126 View Post
I'm leaving to RTC in December and I have some questions about Power of attorney and paying bills while you are there. I'm 20 years old, and single so I don't have a spouse that can handle it while I'm in basic. The person I trust to handle my income while I can't would be my older sister. I also have a question about the life insurance (worse case scenario) I would like it to go into a college fund or savings account for my two younger adopted siblings. Is that possible? Do I need to see a lawyer to set this up? Thank you in advance!
If you want your sister to have PoA, then that's between you guys. Typically you can talk to the folks you pay bills to and they might give you a break while you're at boot (not being married and all). You can do this with deployment as well (like stopping car payments, storage fees, ect).

For the SGLI, I'm not sure how exactly it's dispersed if something happens. More than likely your family will get a check or checks in the amount listed (typically $400,000). So it would be up to them on what to do with the money. You'll have to put a name down on who you want to receive the money as well.

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