(MONEY Magazine) – GET ENOUGH LIFE INSURANCE Try a needs calculator like the one at life-line.org, or consult a financial planner.

MAKE OR UPDATE YOUR WILL Include a guardianship plan for children. Simple forms can be found at nolo.com.

WRITE A LIVING WILL Make health-care and financial powers of attorney. Legally empower trusted people to carry out your wishes.

NAME OR REVIEW THE BENEFICIARIES ON ALL YOUR ACCOUNTS Doing so avoids probate and seamlessly transfers your accounts on your death.

STORE KEY DOCUMENTS, ACCOUNT INFO AND PASSWORDS IN A SAFE PLACE Tell your beneficiaries where. --ELLEN MCGIRT