Why It's Important To Write A Will Now
Source: Bank of America
Writing a will, of course, is also your chance to clarify who gets what in your estate. Before you can do that, however, you have to tally up your assets. That includes your house, your investment portfolio, the value of your retirement plan and the payout of your insurance plan. If the experience of our experts is any guide, most people are worth more than they think. Once you've got your assets listed, you can decide what you want to leave to whom and who will be executor of your estate. Make sure that the beneficiaries you name for your insurance policy and for your 401(k) and any other retirement accounts.