Writing your estate planning is a rigorous task that requires focus and the right set of documents. Aside from having the right content in front of you, at what age should you start thinking about your estate planning?
During a person’s lifetime, estate planning involves anticipating and planning for the management and disposal of that person’s estate during life, in the event the person becomes incapacitated, and after death.
It is thought to begin estate planning once someone turns 60 years old. The problem with this is that 50% of Americans will never write up and start their estate planning, even when passing the age of 60.
We recommend starting to think about your estate planning at 18. You never know when something could happen to you or your loved ones, and turning 18 in the United States makes you a legal adult who can start to make decisions on your own.
It’s always good to have someone in your life that you can trust to help make medical decisions with you, regardless if you’re 18 or 80. Estate planning takes time and effort, but with our team of professionals, we can sit down with you and help you plan for the future easily.
We will help you create and fill out all the necessary documents for a planned estate, including guardianship designations, healthcare power of attorney, beneficiary designations, durable power of attorney, and a personal letter of intent.
Give us a call or click here to set up an appointment with our team so your mind can be put to rest, knowing your estate planning will be set up correctly and in the right hands.