Wills. "La la la...I can't hear you...la la la" "I don't have much, so there's nothing to fight over" "I'll only need a will when I'm older" No more excuses.  You need a legal will now. You might not like to talk about death, tragic scenarios and heart-breaking possibilities but in order to protect yourself and your family, please make sure your wishes are fulfilled, with no error for misinterpretation and future challenges. Step 1: Meet with a trusted legal advisor  who will make the process easier. Save time and come prepared with questions, documentations and options. Do your homework [caption id="" align="alignleft" width="300" caption="Image via Wikipedia"][/caption] On your list, should be (if applicable):

• Naming a guardian for your children. First choice?  Backup?
• Choosing an executor. Will it be your spouse? Appoint someone else as co-executor?
• Organ donation and funeral service.  Any specific type of memorial or service you wish for yourself? Location? Trust me, this makes it easier for your children to know that they are doing as you wish.
• Keep a list of the names and contact information of your professional advisors and bank information such as; physician, lawyer, accountant, financial account numbers and institutions.
• Think about how would you want to divide your estate, with different possible scenerios. If only your spouse survives, if only your children survive or if no immediate family survives.

There is so much to think about. If you need some help to get started, use the Will Planning Guide offered by RBC . It's a good step. I'm filling my forms in now. Take good care. O. Do you already have a will?