Some of the most difficult decisions you make in you lifetime pertain to what occurs when you are no longer able to make such decisions.  It is imperative that key decisions that impact you family and the ones that you care most about are made before it is too late.  In addition you need to take tax considerations into account in planning what happens to your estate.

Before you prepare a will you need to gather the following information and make the following decisions.

How much money will I have when I will pass the assets on to my family?  There are many tax issues.

Who will car for my children?

Who will car for my children's money?

Where the money should be placed?

What happens if there is a dispute between my family members?

What happens if I can't make the key decisions and I am very ill?

What is a Power Of Attorney and when do I need one?

Who will make key health care decisions?

You need to make these decisions and plan for you family.  It is not an option to do nothing.