The most important thing you will do is to act on your plan. While the earlier steps are certainly necessary, if you don't actually act now, you will have gained nothing, and delays can have a serious impact on your ability to save enough to achieve your financial goals.

Through the previous steps, you should have been able to develop a basic estate plan. Now it's time to execute the documents, in other words make them legally binding. State laws on the format of these documents vary, so read the requirements carefully. Some must be notarized, others merely signed and witness. Free medical directive forms and information (living will and health care power of attorney) can be found at nho.org, or you might consider purchasing either H&R Block's WillPower or Quicken WillMaker which has the correct forms and instructions for every state.

The time to act is now. Make a decision to do it right now!

Step 8 - Get Help If You Need It