Tom j Gross wrote:
"Unfortunately, I find myself in the difficult and unusual position that ending my life is the best, and most loving, action I can take on behalf of my family.
Please allow me to explain.
First, I am healthy and happy. I suffer from no serious disease that I'm aware of, and I'm neither depressed nor unhappy.
I love life. I love nature. I love my wife, and my children, and my parents, and myself.
I love the "miracle" of life. (I use this word inaccurately, as I do not believe in God, or heaven or hell, or any miraculous works of God.
I love that we love dogs, and that they in turn love us.
I love the fact that women are caring and sexy.
But unfortunately, and here is the tragic and tearful and painful rub, this just isn't the case. I do have responsibilities. And however well I may (or God forbid, may not) be fulfilling my responsibilities as a father, I'm failing terribly in the most important responsibility of all—to provide.
So, without going through any numbers, here are the ugly facts.
I have no more money, and I have no ability to borrow any money. I have known for almost a year when this day was coming, and now it is here.
Also, I have a lot of debts.
Also, I have lots and lots of life insurance, which means that if I die, then there will be a fair amount of money not only to pay off my debts...
(Picture to the left: Healthy and Happy Tom J Gross)
Finally, I have a problem with my most important life insurance policy. Specifically, because I've borrowed heavily against it, this policy requires a lot of money monthly (about $2,000) just to maintain itself. Were the policy to collapse, then A) I would no longer have "lots and lots" of life insurance, and therefore I wouldn't be able to provide for my loved ones; and B) the collapse of the policy would result in about a $240,000 non-cash capital gain, which means about a $60,000 tax burden (or more) to the government.
Since I don't have $60,000 then clearly the government would attempt to take my apartment and my car and whatever. The bottom line is that not only, as indicated above, would I have so much less for my loved ones...
So, the financial decision is clear. Either I remain alive, and the policy collapses, so that there is much less money (I mean MUCH less money) available if/when I should pass away, AND there is the risk that we will lose our apartment, OR I do what I'm supposed to do, which is to provide for my loved ones.
Unfortunately for me, providing for you requires my death.
I don't like this fact, but it is inescapable."