BellaOnline:  Do I Need an Estate Plan?  In a word, YES!

No matter where you fall on the “wealth,” spectrum (and for this article, we’ll define “wealth” in economic terms, rather than emotional or spiritual), it’s important to make estate planning a top priority. And, just as with all things “Mars/Venus,” a woman’s estate planning needs are much different than a man’s – all the more reason to take charge of your own financial future.

Here are some things to think about:

1. Women Often Outlive Men

According to the 2011 National Vital Statistics Report, on average, women live 4.9 years longer than men. This means your money needs to last longer than a man’s. If you are married, it is likely you will outlive your husband. Therefore, you will have the final say in how your joint assets are distributed to your heirs, and educating yourself about estate planning is key.