Estate planning needed at any age


Estate planning is just for old people, right?

Not necessarily, An article in Forbes magazine says that way too many people of all ages and various situations not only don’t have an estate plan, but they may not even have drawn up the most basic document of all.

For example, a 2011 survey found that 64 percent of baby boomers don’t have living wills. This is something that anyone over the age of 18 should have. Such documents will allow you in advance to decide on what type of care you will get should you become ill and incapable of making your own decisions at that time.

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Topics:  Estate Planning, Living Will, Power of Attorney

Published In: Wills, Trusts, & Estate Planning Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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