If you’ve yet to turn 30, estate planning is probably the last thing on your mind. There are many reasons why even relatively young adults benefit from preparing for the future, however, especially since it’s easy to update arrangements as you age. Here are just a few reasons to draft essential documents even if you’re young, single, and dependent-free. 

Why All Young Adults Should Create an Estate Plan

1. Simplify Future Planning 

For many people, estate planning only gets more complicated as they age. They might start a family that relies on them financially, for example, or acquire significant assets over time. If you take a proactive approach to estate planning, it will be easier to modify the arrangements as time goes on, as opposed to starting from scratch later in life. Draft the documents that apply to your circumstances now and update them as needed when your situation changes. 

2. Prepare for All Eventualities 

Contemplating your own mortality isn’t pleasant and may seem unnecessary if you’re young and healthy. The reality is that life is unpredictable, and tragedy can strike at any age. If you want to protect loved ones and ensure your wishes are respected should the worst occur, it’s essential to plan for every contingency. 

3. Protect Interests 

Many people don’t realize that certain estate planning arrangements will apply while they’re still alive. In a living will, for example, you can state your preferences regarding medical care should you ever become incapacitated. Likewise, a medical power of attorney will grant someone you trust the legal right to make healthcare decisions on your behalf in such a scenario. Don’t leave such sensitive matters up to the courts – with estate planning, you’ll defend your rights no matter what happens.  

If you need help drafting or updating estate planning documents, turn to Steven P. Ciardiello Esq., PC. Practicing out of Hamden, CT, this seasoned lawyer has been representing clients throughout Connecticut and New York for more than three decades. He’ll use his expertise to help you draft wills, create trusts, and navigate probate at any stage of life. To learn more about his legal experience, visit his website. To schedule a consultation, call (203) 248-8000.