Over the past two and a half years, this crusade has been able to reach tens of thousands of people. I was recently reflecting on the top things that I see most commonly lacking in folks' financial plans. So here are the top five things I see lacking.
Part Three A written will
This one kills me. When I ask people to raise their hands if they do not have a written will, it is usually over HALF of the room! If you do not have a written will when you pass away, the government will decide who takes care of your minor children and who gets your stuff!
That ought to scare you! The last I checked, the death rate is about 100%. You WILL die some day. Do you have a written will? You can obtain a written will from a local attorney, but I have found that LegalZoom has an EXCELLENT product that allows you to write a will for much less than most attornies would charge you.
If you died today, who would become the primary caregiver for your children? Who would manage your estate? Answer those questions on a legal will TODAY!
While you are at it, consider a Healthcare Power of Attorney and a Living Will too.