Web Extra: How to Prepare a Will

A will gives you the power to determine the fate of everything you own and care for should something happen to you. It's imperative to make sure you draw up this important document the right way - for your family's sake.

Alexis Martin Neely, a personal family lawyer and expert in estate planning, says you should first meet with a lawyer to find out what would happen right now in the event of your death.

In addition to a will, you will also need a comprehensive kid's protection plan, a health care directive, a power of attorney and trusts if you have assets.

You must decide who you want to receive your assets, your personal belongings and who you want to take care of your children.

Finally, a will is not something that you draw up once and forget about. Keep this document up to date by revisiting it at least once a year.