Crucial Element in Estate Planning

Emily is a dedicated public school teacher in her early 40s who has started thinking about her estate planning. She owns a modest home valued at $300,000 and has retirement savings of $150,000. Emily has two young children who depend on her financially. Concerned about ensuring that her assets are distributed according to her wishes in the event of her passing, Emily has considered creating a will.

Which of the following elements is MOST crucial for Emily to include in her estate planning documentation?