You’re probably thinking that 30-40 years old is far too young for planning your estate. In all likelihood, you’re going to live another 40 years. So why bother?
Most of us know the answer, despite how much we like putting off this essential task. The unexpected is, by its nature, not something we truly plan on. But accidental deaths and incapacitations happen all the time. If you want to spare your family and friends unnecessary confusion if this happens, then you will want to do preliminary estate planning now. Here are three important parts of your estate that you might need to plan for.
1. Taking Care of Children
If you have young children, or plan on having children soon, you will probably want to make note of your wishes for them in your will. One option for parents with children is a re