7 financial New Year's resolutions for 2012
Develop your estate plan
Think of your estate plan as the directions to the court for what will happen to you if you are no longer able to make financial and/or health decisions for yourself or your children while you are living, as well as what happens to your possessions once you are deceased.
Without such a document, state law dictates what happens, and chances are you probably wont like it. Plus, if things have to go through the probate courts, it wont be private and it can be expensive. While you are at it, review your beneficiaries on important documents and accounts to make sure they still reflect your current wishes.