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Will planning: protecting your assets and your family

Your will is the cornerstone of your estate plan. It is the legal tool by which you express your final wishes about the distribution of the assets you own personally when you die.

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Consider the following when updating your current will or when preparing a new one:

1. Guardians
If you have minor children, then you should name in your will the individuals you want to take care of your children.

2. Your executor(s) and the estate administration process
Your executor is the person you appoint in your will to administer your estate and ensure that your final wishes are carried out. You can appoint one or more executors in your will, as well as one or more contingent executors in case those you named first cannot or will not act.