8. Updating your estate plan


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


Updating Your Estate Plan. “What happens if something happens to me?”

Having an estate plan in place can be tremendously helpful to your surviving loved ones. Not only does it help streamline the estate settlement process, but it also provides an opportunity to help ensure that your final wishes are upheld.

The following subtasks may assist you in updating your estate plan. You will find detailed resources for these subtasks under the links in the right column of this page.

Subtask 1: Assign asset ownership and beneficiary designations

Subtask 2: Write your will

Subtask 3: Prepare medical directives and a power of attorney


Military Life Tasks

1. Budgeting finances
2. Reducing debt
3. Finding housing
4. Protecting against risk
5. Managing taxes
6. Saving for education
7. Preparing for retirement
8. Updating your estate plan
9. Explore Your Benefits

Updating your estate plan Subtasks

1. Assign asset ownership and beneficiary designations
2. Write your will
3. Prepare medical directives and a power of attorney

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