Millennials are currently in your 20s and 30s, so estate planning may be the last thing you are thinking about. You are busy raising your kids, taking care of aging parents, and trying to make ends meet in a difficult job market. However, being busy is no excuse for failing to plan for the future. Here are three reasons that Millennials need to execute a will.
You’re not invincible – It may feel like it right now, but there will come a time when you will wish that you had taken care of your estate planning earlier when you had more energy.
You need to make advance medical decisions – If you become incapacitated or unable to speak for yourself, advanced medical decisions that are made as a part of your estate plan will allow you to have a voice and to appoint someone who can make decisions for you.
An accident can happen to anyone – If an accident does occur and something happens to you prematurely, some still has to take care of your spouse, kids, parents, etc. Estate planning is how you provide ongoing care even if you pass away tragically.
Estate Planning Is a Sign of Love
Take care of your family, even if something happens to you. Estate planning helps carry out your wishes and can help your family to cope with the trauma of losing you. The Petrov Law Firm can help you to plan ahead for the future. Call 619-344-036 today to learn more about how we help California families.
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