With hitting the work force and starting families (not to mention destroying entire industries), Millennials have a lot on their minds. Estate planning may not even be on your radar.
Besides, isn't estate planning just for older, richer folks? Do you even need an estate plan when you're young and poor?
Do Millennials Need an Estate Plan?
Estate planning is beneficial for everyone, including Millennials.
Different types of plans may be better suited for people of different ages or different stages of life. However, any adult will benefit from having an estate plan.
So, what should a Millennial's estate plan look like? What documents should you have? What things do you need to consider before deciding on an estate plan?
Family is one of the most important factors to consider when developing an estate plan. For that reason, we are using our next few blog posts to discuss estate planning considerations for Millennials in a variety of family situations. You can read each article by clicking the links below:
Part One – Single? There Are 2 Simple Reasons You Need an Estate Plan
Part Two – No Kids? Why You Still Need an Estate Plan
Part Three – Married With Children: Estate Planning for Young Families
Part Four – 5 Estate Planning Tips for Unmarried Couples
Get a Free Estate Planning Consultation
Estate planning is not a one-size-fits-all proposition. Your estate plan should reflect your unique goals, relationships, assets, and life circumstances. That is why it is so important to consult with a qualified attorney who can help ensure those circumstances are properly addressed.
To discuss what estate planning options may work best for you, contact the experienced Oklahoma City estate planning attorneys at Postic & Bates for a free, no-obligation consultation.
David M. Postic is an attorney at Postic & Bates, P.C. His practice focuses on estate planning, probate, real estate, trust administration, business planning, and adoption.
You can email David through our Contact Us page or by calling our office at (405) 691-5080.
[As with all our blog posts and other publications and resources, the contents of this article do not constitute legal advice and are subject to our site-wide disclaimer.]