Many people make New Year’s resolutions to improve their health, take charge of their finances, learn a new skill – or to protect the future of their family and loved ones. If your 2020 New Year’s Resolution is to create an estate plan, there’s no time like the present to check that resolution off your list!
After you turn 18, your parents do not have the authority to make healthcare or financial decisions for you. In your 203 and 30 with student loans, car loans, mortgages and young families many young adults think they do not have enough time or assets to create an estate plan. Invest in yourself by creating an estate plan while you are young that can help you identify your financial needs and goals to protect your loved ones. Setting up an estate plan and having your legal documents in place as a young adult is an ideal way to start good habits to protect your family as it grows and simplifies your future estate planning.
Often people in their fifties, sixties, seventies, and eighties find estate planning too overwhelming in the midst of daily issues such as work, health concerns, dependent adult children, or unexpected expenses and financial problems later in life. Your financial needs and goals are very different than a young adult. Older adults who have an estate plan need to focus on reviewing and updating your legal documents.
Secure your family’s future: Call an estate planning attorney today!
The experienced estate planning attorneys at Estate and Probate Legal Group understand that estate planning can seem overwhelming, but we also know there’s no better time than now to achieve your 2020 New Year’s Resolution! Don’t put estate planning off any longer. Contact us today at Estate and Probate Legal Group today to turn your resolutions into reality.