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Once you’ve started to establish yourself in the world, you’ll have many responsibilities to manage. One of the most important will be hiring an estate planning and probate lawyer to put together a will. Unfortunately, it’s all too common for millennials to neglect this legal procedure, believing it’s only meant for older adults. Here’s a closer look at why it’s never too early to get started.

Why Millenials Need an Estate Planning & Probate Attorney

1. Physical Assets

Over the years, you’ve probably accumulated or gathered items that have significant meaning to you. This could be a sizable savings account, a collection of unique trinkets, pieces of art, or family heirlooms.

No matter what it is, you probably have an opinion on how you’d like these assets to be distributed if you pass away early in life. Working with an estate planning and probate lawyer to put together a comprehensive will is the only way to ensure these assets are handled properly, whether or not you have children yet.

2. Digital Assets

estate planning and probateIn this technological era, it’s common for people to maintain numerous assets in digital formats. These may include cryptocurrencies like Bitcoin®, social media profiles, or private online documents.

Having a plan in place for how these assets should be handled after you pass away is crucial. Your lawyer will help you designate a successor to become the gatekeeper of all this information and access.

3. Medical & Funeral Wishes

Although it might be intimidating to think about, take the time to consider any particular wishes regarding funeral arrangements or medical care. For example, would you want to be placed on life support in the event of an accident? Would you prefer cremation over a traditional burial? If these points are important to you, incorporating them into your estate plan is a must.

 

If you need help putting together a will, turn to Ibold & O’Brien in Chardon, OH. Since 1980, this full-service firm has helped clients throughout Geauga County with estate planning and probate matters. Visit their website to learn more about their services and call (440) 285-3511 to schedule a consultation today.

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