Originally Posted by Jane91
What was the intended purpose of the life insurance policy? Was it required by the divorce papers in order to make your child whole for missed child support payments due to death?
No, we both took out policies right after our son was born to help support the surviving parent in the event of death. At that point we had no thought of separating.
I appreciate all the input! There are many facets to consider so I won't rush into anything, but I am going to start at least a modest mortgage pre-payment to chip away at the principal. This is something we did when we first took out our mortgage, but it fell by the wayside once marital woes hit.