Why Start Estate Planning in Your 20s?

by: Attorney Noyes

5/29/20241 min read

Many young adults might think estate planning is only for the older or wealthy, but starting early is wise. Here's why it matters.

1. Unexpected Situations: Life is unpredictable. A basic plan can ensure your wishes are honoured in unexpected situations, whether it involves health decisions or financial matters.

2. Financial Responsibility: As you start your career and accumulate modest assets, managing them wisely is crucial. An estate plan helps safeguard your earnings and investments.

3. Supporting Loved Ones: If you support family members or plan to start a family, estate planning can secure their future. It ensures that support continues, even if you're not around.

4. Simplifying Decisions: Without an estate plan, decisions about your assets or health can fall to court systems and state laws, often leading to long, stressful processes for your loved ones.

At Noyes & Associates, we believe it's never too early to start thinking about your future. Our knowledgeable attorneys can help you create an estate plan that fits your current situation and grows with you.

If you're a young adult considering estate planning, contact Noyes & Associates today. Let us help you take the first step towards a secure future.