Revise your will with the assistance of an estate planning professional


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Every adult needs a will although most do not. Fortunately, about 50 percent of empty-nesters do have a will.

Along with your recently changed household composition your will should also be updated and if you do not have one there is no better time to get one.

Although a do-it-yourself will can be legal, it may not do exactly what you want without the guidance provided by a qualified and experienced attorney.

The following resources may assist you in understanding why you would want to revise your will with the assistance of an estate planning professional:

Estate Planning Basics: Getting Started

Tips for Finding an Estate Planning Attorney

How to Write a Will

Wills the Basics

Estate Planning Basics: Understanding Distributions of Assets and Estate Taxes

What a Will Won’t Do

Writing a Letter of Final Instruction


Emptying the Nest Tasks

1. Financing college
2. Revising your spending plan
3. Planning for long-term care
4. Preparing for retirement
5. Estate planning

Estate planning Subtasks

1. Review your ownership and beneficiary designations
2. Revise your will with the assistance of an estate planning professional
3. Prepare advance directives

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