Will.  A will lets you, rather than the state, control how your assets will be split among your heirs, and it allows you to designate the guardian of your minor children. 

 Power of Attorney.  A power of attorney names another individual as your agent.  If you were to become disabled or seriously ill, a power of attorney allows your agent to pay your bills, deposit your checks, and make decisions on your behalf.

 Health Care Directive.  Also called a living will or directive to physicians, this document states your wishes should you become terminally ill or permanently unconscious. 

 Financial Inventory.  Prepare a list of your bank accounts, other assets, income sources, insurance policies, mortgages, credit cards, and funeral arrangements.  Include the name and phone number of your accountant, lawyer, doctor, and insurance agent.