Most children anxiously await the day they will be considered an adult. These children might not realize the responsibilities that come with the title. Even some young adults don't realize this. One important responsibility that is often overlooked is the need to create an estate plan. Once you are an adult, you should take the bull by the horns and get this done.
We know that thinking of your death isn't something that most people, especially young adults, want to think about. Taking the time to create an estate plan and dealing with the uncomfortable thoughts for a little while can have considerable benefits.
By creating your estate plan now, you are letting your loved ones know that they don't have to stress out about what will happen when you die. Your estate plan will lay out all of your wishes so that your loved ones simply have to follow the instructions.
Even if you have aged out of the young adult classification, you can still work on your estate plan. If you have children, your estate plan, including guardianship designations, becomes vital. You wouldn't want your children to end up in foster care because no plans were made for them in the event you and your spouse die at the same time.
We can help you learn about the estate planning points you need to consider. We will offer you a personalized solution that fits the unique needs of your situation. As we discuss options with you, we will answer your questions and help you understand how various options can impact you now and your heirs later.