When most people think of estate planning, visions of being married with children likely come to mind. And while this service is necessary for older individuals, the truth is young people need it just as much. The following article outlines why this process is essential for younger adults, so you can take the necessary steps to get started as soon as possible. 

Why Do Young Adults Ignore Estate Planning?

The most notable components of estate planning include establishing guardianship for children, designating beneficiaries for life insurance, and outlining a living will. Because all of these factors have to do with passing away, many younger individuals wrongfully assume it’s too early for them to think about. Furthermore, many young adults, especially those without spouses or children, might think they don’t have enough assets or considerations to be a viable candidate for estate planning. 

Why Should Young Adults Reconsider?

The reality is life is unpredictable. Even those young individuals in perfect health can’t predict the future. Opting for estate planning ensures you’re protected at every juncture of your life, even if you don’t realize you need that protection.

For example, throughout your lifetime, you’ve likely acquired some meaningful personal belongings, whether it’s family heirlooms, artwork, or savings bonds. Having an estate plan in place will ensure these assets are distributed according to your preferences in the event of an accident.

Furthermore, estate planning ensures your wishes regarding funeral plans and end-of-life care are adhered to. Without these important documents, it would be impossible for friends or family members to know what you would have wanted. 

If you’re ready to get started with estate planning, enlist the services of Zellar & Zellar, Attorneys at Law. For over 50 years, this family-owned and -operated law firm has helped residents throughout Columbus, OH, prepare for the future and ensure their loved ones are taken care of after they’re gone. Give them a call today at (614) 257-1643 to schedule a free consultation and visit them online for more information on their services. 

_{This article is intended to provide general information and should not be construed as legal advice or in creating an attorney-client relationship.}