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It's possible we may not be able to enjoy the fruits of our retirement planning. The Dark Horseman may come scoop us up before we're ready. If such a thing were to happen, you should make sure that all your papers are in order:

• Execute a living will.
  
  
• See an attorney to complete your will and make sure you review and update it at least every five years.
  
  
• Understand that all accounts left to heirs are subject to federal estate taxes, while the tax-deferred accounts are also subject to income taxes. You may leave a spouse an unlimited amount of assets at death and in 2001, you may leave up to $675,000 free of estate taxes to heirs who are not your spouse.
  
  
• This lesson has emphasized the major considerations to take into account. Most will involve the services of a qualified estate planning attorney. (We show you how to go about hiring one in the article  When to Hire an Expert.) Recognize that, and consider the cost to be well worth the peace of mind they will give to both you and your family.