Reason for this Goal for will preparation: Having a will communicates and documents your intentions on what will happen to your estate when you die. Without a will, it is left up to the government and others as to what will happen. It may not be what you would have wanted to happen. Having a well written will ensures that your estate (your assets) you have worked so hard to achieve will be dispersed in the manner you desire, and that your health care directives are carried out. It will give you peace of mind knowing that your family knows you thought of them and planned for their future. The following are some things that need to be considered with will preparation:
Your will needs to be updated as you age and your family situation changes, especially after major life changes such as the birth of a child or a divorce, or significant change or additions to your assets.
Suggested Goal(s): Have a will prepared, and keep the original in
Your Outrageous Goal: Update your will every 3 years.
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Last updated: December 29, 2019